RBC Capital lowered the firm’s price target on Autodesk (ADSK) to $335 from $340 and keeps an Outperform rating on the shares. The company reported strong results and provided a better-than-expected first look at FY/27 guidance, the analyst tells investors in a research note. Strength was evident across the portfolio with execution again impressive, which should help alleviate potential disruption around recent go-to-market changes, RBC added.
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