Autodesk downgraded to Sell from Neutral at Citigroup Citigroup downgraded Autodesk to Sell citing valuation and its belief the company's long-term targets look too high. Citi keeps a $36 price target for shares.
Autodesk estimates raised after 'robust' checks at Pacific Crest Pacific Crest raised its estimates for Autodesk to the higher end of management guidance after its European channel checks came back "robust." The firm says after some initially weak reseller checks in the U.K. and Germany, those markets have improved. It sees potential upside to guidance and keeps an Outperform rating on Autodesk.