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Stock Market & Financial Investment News

News Breaks
June 30, 2014
16:37 EDTADSKAutodesk reiterates FY15 guidance
The following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties some of which are set forth below. Autodesk's business outlook for Q2 and FY15 assumes, among other things, a continuation of the current economic environment and foreign exchange currency rate environment, and interest expense related to Autodesk's $750M debt offering in December 2012. A reconciliation between the GAAP and non-GAAP estimates for FY15 is provided in the tables that follow.
News For ADSK From The Last 14 Days
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December 16, 2014
09:59 EDTADSKOn The Fly: Analyst Downgrade Summary
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08:26 EDTADSKAutodesk downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Autodesk to Underperform from Neutral. The analyst believes Autodesk shares are piced to perfection and said it is unclear how the planned perpetual license phase-out is progressing. Price target is $56.
08:10 EDTADSKAutodesk a top pick for 2015, says Cowen
Cowen highlighted Autodesk as a top pick for 2015 as the company implements a plan to steer its customers to subscription offerings, which should lead to a wave of perpetual buying in the upcoming years. Cowen reiterated its Outperform rating and $73 price target on Autodesk shares.
06:06 EDTADSKAutodesk downgraded to Underperform from Neutral at BofA/Merrill
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