Autodesk (ADSK) PT Lowered to $260 at BofA Securities

RBC Capital Reiterates Outperform Rating on Autodesk (ADSK)

RBC Capital analyst Matthew Hedberg reiterated an Outperform rating and $260.00 price target on Autodesk (NASDAQ: ADSK)

The analyst comments "Autodesk announced the results of the audit committee investigation which should remove an overhang from the stock. Importantly, no restatement of financials was... More

Citi Reiterates Buy Rating on Autodesk (ADSK)

Citi analyst Tyler Radke reiterated a Buy rating and $286.00 price target on Autodesk (NASDAQ: ADSK).

The analyst comments "On Friday afternoon, ADSK provided a largely favorable update on the audit committees accounting investigation, announced preliminary 1Q results which were better than feared and... More

Autodesk (ADSK) reports results of audit committee investigation Provides preliminary results for first quarter fiscal 2025 and business outlook

Autodesk, Inc. (NASDAQ: ADSK) announces the results of the Audit Committee investigation. As previously announced on April 1, 2024, the Audit Committee of the Board of Directors initiated an internal investigation regarding the company's free cash flow and non-GAAP operating margin practices. The Committee has completed its planned procedures with respect to the investigation. The company's management has determined that there will be no restatement or adjustment... More

Midday movers: Salesforce, Kohl's and Agilent fall; Foot Locker, HP rise

(Updated - May 30, 2024 11:35 AM EDT)

Investing.com -- U.S. stock futures fell Thursday, with sentiment hit by ongoing concerns that stronger than expected economic growth and sticky inflation will delay rate cuts by the Federal Reserve.

Here are some of the biggest U.S. stock movers today:

Salesforce (NYSE: CRM) stock slumped 21% after the workplace software group unveiled current-quarter guidance that fell short of analysts' estimates.

Walt Disney... More