Autodesk price target raised to $360 from $330 at BofA

BofA raised the firm’s price target on Autodesk (ADSK) to $360 from $330 and keeps a Neutral rating on the shares following “strong” fiscal Q2 results that “beat across the board.” The FY26 guidance revision was “very good too,” with management talking about strength across many different growth and operational vectors, the analyst tells investors. The firm’s Neutral rating is based on a positive long-term outlook being balanced against a cautious assessment of the current macro backdrop, the analyst noted.