UBS raised the firm’s price target on Autodesk (ADSK) to $400 from $385 and keeps a Buy rating on the shares. Autodesk delivered steady results with low-teens adjusted revenue growth and strong billings guidance, helping address concerns about growth durability, the analyst tells investors in a research note. Demand remains stable, and while FY27 guidance isn’t out yet, early signals point to sustained momentum, though initial expectations may be conservative around 9% year-over-year revenue growth, UBS says.
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