Stifel analyst Adam Borg raised the firm’s price target on Autodesk (ADSK) to $375 from $350 and keeps a Buy rating on the shares. Autodesk “delivered one of its cleanest prints in recent memory” and raised fiscal year guidance by more than the beat, the analyst tells investors. The firm, which thinks “the Autodesk story is beginning to clean up,” believes guidance remains conservative and it remains bullish on Autodesk’s strategy and competitive positioning.
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