Autodesk price target raised to $350 from $310 at Stifel

Stifel raised the firm’s price target on Autodesk (ADSK) to $350 from $310 and keeps a Buy rating on the shares. Autodesk “delivered a solid F1Q26 print,” with revenue, operating margin, EPS, and free cash flow above Stifel and Street expectations, the analyst tells investors. While the macro “remains the wildcard,” the firm thinks the Autodesk story is “beginning to clean up” and that this quarter demonstrated the resilience of Autodesk’s business model, the analyst added.