Autodesk price target raised to $374 from $346 at Citi

Citi raised the firm’s price target on Autodesk (ADSK) to $374 from $346 and keeps a Buy rating on the shares. The firm’s reseller survey results were “mixed” and showed next twelve months growth expectations improving by two points, but quota level achievements remaining low, the analyst tells investors. The firm sees the company’s initial guidance as “sufficiently prudent” and expects a modest beat on Q1 top-line results, but with minimal changes to the FY26 top-line guidance given tariff exposure. The firm’s FY26 revenue targets shift to the midpoint of guidance, adds the analyst, who cites expanded multiples for the firm’s increased price target