How Analysts Feel About Autodesk, Inc. (NASDAQ:ADSK)?

December 11, 2017 - By Michael Collier

 How Analysts Feel About Autodesk, Inc. (NASDAQ:ADSK)?
Investors sentiment increased to 1.19 in 2017 Q2. Its up 0.15, from 1.04 in 2017Q1. It improved, as 26 investors sold Autodesk, Inc. shares while 162 reduced holdings. 80 funds opened positions while 143 raised stakes. 204.24 million shares or 3.68% less from 212.05 million shares in 2017Q1 were reported.
Tiaa Cref Investment Ltd Limited Liability Company reported 494,708 shares. The Massachusetts-based Eaton Vance Management has invested 0.01% in Autodesk, Inc. (NASDAQ:ADSK). Hightower Advsr Limited Liability holds 0.01% or 15,487 shares in its portfolio. Atika Mgmt Ltd Llc reported 110,000 shares. Moreover, Cookson Peirce & Co has 0.9% invested in Autodesk, Inc. (NASDAQ:ADSK). Royal Financial Bank Of Canada invested in 0.02% or 335,469 shares. Omega Advsrs invested in 93,400 shares or 0.39% of the stock. Brown Brothers Harriman & reported 441 shares. 16.00 million were reported by Blackrock Incorporated. Nippon Life Ins has invested 0.02% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Clearbridge Investments Ltd Liability reported 11.36M shares. Iridian Asset Mgmt Ltd Ct reported 1.82 million shares or 1.62% of all its holdings. Renaissance Techs owns 1.39M shares. Vanguard Group, Pennsylvania-based fund reported 20.42 million shares. Invesco accumulated 2.09M shares.

Autodesk, Inc. (NASDAQ:ADSK) Ratings Coverage

Among 26 analysts covering Autodesk Inc. (NASDAQ:ADSK), 17 have Buy rating, 3 Sell and 6 Hold. Therefore 65% are positive. Autodesk Inc. had 107 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Friday, February 26 by Credit Suisse. The rating was maintained by Guggenheim on Wednesday, November 29 with “Buy”. The firm earned “Buy” rating on Monday, June 19 by Canaccord Genuity. On Thursday, September 15 the stock rating was initiated by Evercore with “Buy”. The firm has “Buy” rating given on Sunday, July 30 by RBC Capital Markets. Wedbush maintained Autodesk, Inc. (NASDAQ:ADSK) on Thursday, May 12 with “Neutral” rating. Morgan Stanley maintained it with “Overweight” rating and $120 target in Friday, August 25 report. Rosenblatt downgraded the shares of ADSK in report on Tuesday, August 30 to “Sell” rating. Morgan Stanley downgraded Autodesk, Inc. (NASDAQ:ADSK) rating on Tuesday, November 10. Morgan Stanley has “Equal-Weight” rating and $68 target. Rosenblatt maintained the shares of ADSK in report on Monday, August 31 with “Buy” rating. Below is a list of Autodesk, Inc. (NASDAQ:ADSK) latest ratings and price target changes.

29/11/2017 Broker: MUFG Securities Americas Inc Rating: Sell New Target: $52.0 Maintain
29/11/2017 Broker: Guggenheim Rating: Buy New Target: $150.0 Maintain
29/11/2017 Broker: Credit Suisse Rating: Buy New Target: $135.0 Maintain
29/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $130.0 Maintain
29/11/2017 Broker: Canaccord Genuity Rating: Buy New Target: $135.0 Maintain
29/11/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $134.0 Maintain
29/11/2017 Broker: J.P. Morgan Rating: Buy New Target: $130.0
29/11/2017 Broker: Deutsche Bank Rating: Buy New Target: $140.0 Maintain
29/11/2017 Broker: Wedbush Old Rating: Outperform New Rating: Neutral Old Target: $138 New Target: $126 Downgrade
20/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $130.0 Maintain

The stock increased 0.34% or $0.364 during the last trading session, reaching $107.524. About 916,105 shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 91.08% since December 11, 2016 and is uptrending. It has outperformed by 74.38% the S&P500.

Autodesk, Inc. operates as a design software and services firm worldwide. The company has market cap of $23.68 billion. It operates through Architecture, Engineering, and Construction; Manufacturing; Platform Solutions and Emerging Business; and Media and Entertainment divisions. It currently has negative earnings. The firm offers AutoCAD, a professional design, drafting, detailing, and visualization software; and AutoCAD LT, a professional drafting and detailing software; Maya and 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and Revit software for building information modeling.

More important recent Autodesk, Inc. (NASDAQ:ADSK) news were published by: which released: “3 Stocks to Watch on Wednesday: Autodesk, Inc. (ADSK), Nuance Communications …” on November 29, 2017, also published article titled: “Is the 15% Sell-Off of Autodesk, Inc. Shares Overblown?”, published: “Software Provider Autodesk to Cut 1150 Jobs in Restructuring” on November 28, 2017. More interesting news about Autodesk, Inc. (NASDAQ:ADSK) was released by: and their article: “Autodesk: Layoffs Put An Iconic Franchise On Discount” with publication date: December 04, 2017.

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