ADSK

Autodesk initiated with a Buy at UBS

UBS analyst Taylor McGinnis initiated coverage of Autodesk (ADSK) with a Buy rating and $350 price target The firm views Autodesk as attractive given its “breadth of strong growth levers,” including recovery tailwinds, cross-sell and share gains. It believes this can support upside to 2025 Street revenue growth estimates. UBS sees a 2025 recovery in the cyclical-sensitivity verticals of construction, design and engineering.

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