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Janesh Moorjani

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ubs initiates buy rating on autodesk with strong growth potential

UBS has initiated coverage on Autodesk (NASDAQ: ADSK) with a Buy rating and a price target of $350, citing over 10% growth potential driven by pricing strategies and a new transaction model. Recent earnings showed an 11% year-over-year increase, with upward revisions from 15 analysts, indicating strong financial prospects. Autodesk aims for 10-15% long-term growth and anticipates significant contributions from its new model, despite some initial disruptions.
Investing.com
Autodesk, Inc. Elastic N.V. USA Janesh Moorjani
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10:01 02.12.2024
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