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Autodesk price target lowered to $300 from $365 at BTIG

BTIG analyst Nick Altmann lowered the firm’s price target on Autodesk (ADSK) to $300 from $365 but keeps a Buy rating on the shares. The company’s FY27 growth outlook of 12%-13% was nicely ahead of 11% consensus and Q4 strength across adjusted metrics should instill greater investor confidence in Autodesk’s resilient growth durability and continued margin expansion, the analyst tells investors in a research note.

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