Baird defends Autodesk (ADSK) in the wake of its disappointing Q2 report (I, II, III), saying...

|By:, SA News Editor

Baird defends Autodesk (ADSK) in the wake of its disappointing Q2 report (I, II, III), saying shares should be bought on weakness. The firm sees most of the shortfall tied to fixable execution issues and temporary weakness in a few geographic regions. Analysts at JP Morgan and Bank of America weren't quite so charitable, with respective downgrades to Neutral and Underperform. Shares of ADSK -22.9% premarket.