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Fly News Breaks for March 7, 2018
ADSK
Mar 7, 2018 | 07:31 EDT
Canaccord analyst Richard Davis raised his price target on Autodesk to $150 from $135 following solid Q4 results. The analyst noted ARR slightly topped expectations, driven by upside in average selling prices as customers adopted higher priced products. Management also reiterated the company is on track to reach its free cash flow targets. Davis reiterated his Buy rating on Autodesk shares.
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