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Autodesk price target lowered to $325 from $375 at DA Davidson

Tipranks - Sat Feb 28, 8:36AM CST

DA Davidson lowered the firm’s price target on Autodesk (ADSK) to $325 from $375 but keeps a Buy rating on the shares. The company has put up solid results to round out FY26 while providing a better than expected outlook for FY27 with 9%-10% constant-currency y/y revenue growth after adjusting for the new transaction model and 75bp of operating margin expansion at the midpoint of the guide, the analyst tells investors in a research note.

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