BMO Capital analyst Daniel Jester raised the firm’s price target on Autodesk (ADSK) to $333 from $324 and keeps a Market Perform rating on the shares. The company started FY26 well, posting better-than-expected billings, with constructive commentary indicating no meaningful change in underlying demand conditions due to the macro, even though it has added some incremental conservatism to the billings guide, the analyst tells investors in a research note. BMO adds however that it is comfortable remaining patient against a dynamic macro and as it gleans further evidence regarding the pace of underlying margin expansion.
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