Market Overview

UPDATE: Canaccord Genuity Raises PT to $38 on Autodesk on Solid Quarter, Pullback

Related ADSK
Earnings Scheduled For November 19, 2015
Morgan Stanley Downgrades Autodesk Amid Belief 'Successful Transition Largely Priced In'
Tracking Stephen Mandel's Lone Pine Capital Portfolio - Q3 2015 Update (Seeking Alpha)

Canaccord Genuity maintained Autodesk (NASDAQ: ADSK) with a Hold rating and raised the price target from $32.00 to $38.00.

Canaccord Genuity noted, "We are warming up to ADSK shares. Assuming trend line world economic recovery, ADSK's numbers set up well for a second half calendar 2013 acceleration. We are waiting for the shares to trade back perhaps 10% to consider an upgrade from our current HOLD rating. With a few more days like Monday, we might get our wish sooner than expected."

Autodesk closed at $36.62 on Monday.

Latest Ratings for ADSK

Nov 2015WedbushMaintainsNeutral
Nov 2015RBC CapitalDowngradesOutperformSector Perform
Nov 2015BarclaysMaintainsOverweight

View More Analyst Ratings for ADSK
View the Latest Analyst Ratings

Posted-In: Canaccord GenuityAnalyst Color Price Target Analyst Ratings


Related Articles (ADSK)

View Comments and Join the Discussion!

Get Benzinga's Newsletters