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Fly News Breaks for April 12, 2017
ADSK
Apr 12, 2017 | 20:51 EDT
Guggenheim analyst Nate Cunningham initiated Autodesk with a Neutral rating and a $80 price target. The analyst said Autodesk's long0term financial targets are ambitious and that recent price hikes could lead to higher churn in the maintenance base, and may lead to heavily discounted product subscriptions and/or increase spending in order to maintain its pace of new model subscriber additions.
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