- Wedbush reiterates a Neutral rating on Autodesk (NASDAQ:ADSK) but raises the target from $131 to $163.
- The firm cites ADSK's "outperformance on all major metrics" in the Q4 report.
- Wedbush says valuation looks fair relative to the firm's long-term discounted cash flow view, but Wedbush "would be sensitive to valuation and global macroeconomic conditions to become more or less constructive on ADSK shares."
- Autodesk shares are up 0.3% to $160.18.
Wedbush ups Autodesk PT on Q4 outperformance
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Symbol | Last Price | % Chg |
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ADSK | - | - |
Autodesk, Inc. |