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Stock Market & Financial Investment News

News Breaks
July 1, 2014
08:36 EDTADSKAutodesk guidance reassuring, says Longbow
After Autodesk (ADSK) announced that its CFO was leaving but said it expects its Q2 results to be at or above guidance, Longbow believes that the company's statements about Q2 are reassuring. The firm says that the CFO's departure may have been unexpected, but it still believes that the stock's multiple can rise going forward. The firm keeps an Overweight rating on the shares.
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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