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Autodesk ADSK - News Analyzed: 5,371 - Last Week: 99 - Last Month: 395

↗ Autodesk ADSK Sees Multiple Financial Adjustments Amid Target Price Hike and AI-Driven Growth

Autodesk ADSK Sees Multiple Financial Adjustments Amid Target Price Hike and AI-Driven Growth
Autodesk, Inc. (NASDAQ:ADSK) is currently the subject of much financial buzz. Several financial institutions, including Ninety One North America Inc., E. Ohman J or Asset Management AB, Alliance Wealth Advisors LLC, and Citrine Capital LLC, have been adjusting their positions in ADSK. Meanwhile, Bank of America raised its price target for ADSK to $335, citing the company's strong margins. ADSK is also harnessing Artificial Intelligence to drive growth in 3D design, displaying significant innovation within its market. Investors in ADSK have seen a 47% increase in their investments over the past five years. However, ADSK shares dipped in line with the broader market, and a class-action lawsuit has been launched against the company. Despite these challenges, Mizuho upgraded ADSK to outperform based on the firm's new model and macro recovery. Investors anticipate the Q4 2025 earnings report, with HSBC downgrading ADSK to hold amid AI-powered design advancements. The appointment of Janesh Moorjani as the company's new CFO marks a significant change in Autodesk's executive team.

Autodesk ADSK News Analytics from Tue, 16 Apr 2024 07:00:00 GMT to Sat, 08 Feb 2025 09:18:34 GMT - Rating 2 - Innovation 8 - Information 6 - Rumor -2

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