Reported 3 days ago
Barclays has upgraded its price target for Autodesk Inc. (ADSK) from $325 to $355 while maintaining an Overweight rating. This change comes after Autodesk reported a 15% year-over-year revenue increase to $1.63 billion in Q1 FY2026, driven by higher billings and a new transaction model. However, the company faces challenges from geopolitical uncertainties and ongoing adaptations within its sales approach.
Source: YAHOO