Autodesk 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.
Autodesk reseller checks weak, says Pacific Crest Pacific Crest said Autodesk reseller checks are week with one month left in Q2, as most resellers are behind target. The firm said the results are not likely to surprise as expectations are low and remains a buyer long-term. Pacific Crest rates Autodesk an Overweight.