Citi Upgrades Autodesk (ADSK) to Neutral
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UPDATE: Credit Suisse Upgrades Autodesk (ADSK) to Outperform
October 2, 2014 7:52 AM UTC(Updated - October 2, 2014 11:34 AM EDT)
Credit Suisse upgraded Autodesk (NASDAQ: ADSK) from Neutral to Outperform with a price target of $70.00 (from $50.00). The change follow its analyst day event yesterday. Analyst Philip Winslow thinks changes to its business model will result in meaningful long-term upside to revenue and improve profitability.
"Although... More
Cowen Upgrades Autodesk (ADSK) to Outperform
October 2, 2014 6:48 AM UTCCowen upgraded Autodesk (NASDAQ: ADSK) from Market Perform to Outperform with a price target of $65.00.
For an analyst ratings summary and ratings history on Autodesk click here. For more ratings news on Autodesk click here.
Shares of Autodesk closed at $55.66 yesterday.
... MoreAutodesk (ADSK) Affirms Q3, FY15 Outlook Ahead of Investor Day Event
October 1, 2014 8:09 AM UTCAutodesk (Nasdaq: ADSK) reiterated its business outlook for its third quarter and full year fiscal 2015. The design and engineering software leader will also share plans for expanding its market opportunity and transitioning to a more recurring business model at its annual Investor... More
Autodesk (ADSK) Appoints New CFO
October 1, 2014 8:06 AM UTCAutodesk (NASDAQ: ADSK) announced R. Scott Herren will join the company as senior vice president and chief financial officer, effective November 1, 2014. Herren, who is currently serving as senior vice president of finance at Citrix, will bring 30 years of financial, strategic and operational experience to Autodesk. He will be based in San Francisco and report to Autodesk President and Chief Executive... More
