{
Autodesk Inc

Companies

}
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001122334455554433221100

ubs initiates buy ratings for autodesk and procore amid construction recovery

UBS has initiated coverage of Autodesk and Procore with "buy" ratings, highlighting growth potential linked to a recovery in construction activity. Price targets are set at $350 for Autodesk and $105 for Procore, indicating respective upsides of 20% and 29%. Analysts project Autodesk will grow 13% year-over-year in 2025, benefiting from its integrated design-to-build process, while Procore is expected to see an 11% revenue increase, driven by rising construction volumes. Both companies are well-positioned to navigate competitive pressures in the market.
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Procore Technologies Inc Autodesk Inc USA
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19:25 02.12.2024

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