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Fly News Breaks for March 1, 2019
ADSK
Mar 1, 2019 | 07:58 EDT
KeyBanc analyst Monika Garg reiterated an Overweight rating on Autodesk and raised her price target to $184 following the company's "strong" quarterly results. In a research note to investors, Garg says she would increasingly focus focus on Autodesk's longer-term FY23 FCF target of $2.4B, or $11 FCF/share. She sees good execution with "ample" opportunities ahead of the company.
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