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Autodesk price target raised to $370 from $365 at Berenberg

Berenberg analyst Nay Soe Naing raised the firm’s price target on Autodesk (ADSK) to $370 from $365 and keeps a Buy rating on the shares after “a clean beat and raise” Q2 report. The “key highlight” was management’s commitment to long-term margin targets that imply about 400 basis points of margin expansion between FY26 and FY29, the analyst tells investors.

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