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Fly News Breaks for January 17, 2020
ADSK
Jan 17, 2020 | 07:34 EDT
Oppenheimer analyst Koji Ikeda downgraded Autodesk to Perform from Outperform and removed his $200 price target. While he continues to believe Autodesk is a well-run business with a strong management team, and should continue to deliver good results in upcoming quarterly reported results, he thinks much of the good news is already priced into the stock and sees the risk/reward as symmetrical at the current price.
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