Goldman Sachs Analyst Questions Autodesk's Revenue Growth And Total Addressable Market Targets
ADSKAutodesk(ADSK) Benzinga·2024-06-13 00:40

Loading... Loading... Goldman Sachs analyst Kash Rangan maintained a Sell rating on AutoDesk Inc ADSK and lowered the price target from 230to230 to 225. Rangan noted Autodesk as a category leader with a dominant market position within design and engineering software. The analyst noted the company’s strong competitive positioning and relative stickiness could command operating margins north of 40% in the long term. Also Read: What’s Going On With Autodesk Stock After Earnings? While appreciating fiscal first-qu ...