Autodesk: Path To Mid-Teens Growth Is Now More Visible
ADSKAutodesk(ADSK) Seeking Alpha·2024-09-05 00:51
JHVEPhoto Investment action I recommended a buy rating for Autodesk (NASDAQ:ADSK) when I wrote about it in mid-June this year, as I expected growth to inflect upwards to the mid-teens range as the transition to a direct sales model was tracking well and that the new GenAI product extends the growth runway for ADSK. Based on my current outlook and analysis, I recommend a buy rating. The growth outlook has gotten better, in my view, as macro indicators point to healthy construction activity ahead, and ADS ...