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Fly News Breaks for March 29, 2018
ADSK
Mar 29, 2018 | 08:32 EDT
After attending Autodesk's investor day meeting, Morgan Stanley analyst Keith Weiss said the company "shored up" its case for its $6 per share of free cash flow target in FY20 while also laying the groundwork for $11 in FCF per share by FY23. Additionally, the company's expanding market opportunities in construction and manufacturing should provide investors greater confidence in the durability of Autodesk's long-term growth, according to Weiss. He maintains an Overweight rating on Autodesk.
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