A multiple of recent developments on
Autodesk ADSK were noted. A series of warnings from legal firms were issued, urging shareholders to discuss their rights or contact them due to potential significant losses and
securities law violations. New holdings and share purchases in Autodesk were made by both
Merrit Financial Group and
Savant Capital as the company's Q1 and Q3 earnings matched estimates. Furthermore, amid the
shareholder lawsuits, the company is said to have made stable profits and even more cash flows. Despite having to contact SEC after delaying its annual report, warnings, and lawsuits, the company has received an average price target of $272.44 from analysts and was briefly upgraded to a strong-buy by StockNews.com. However, the company's stock was also noted for sinking amid market gains and the delay of its annual report slideshow. The company was downgraded by Berenberg Bank to 'Hold'.
Autodesk ADSK News Analytics from Mon, 08 Apr 2024 07:00:00 GMT to Fri, 10 May 2024 15:30:29 GMT -
Rating -4
- Innovation 3
- Information 7
- Rumor -7
