Autodesk gains as Jefferies sees durable double-digit growth, strong margins
Autodesk Inc. shares rose by almost 4% after Jefferies initiated coverage with a ‘Buy’ rating and a $300 price target, citing the company's durable double-digit growth and strong operating margins. Jefferies highlighted Autodesk's structural strength in AEC software and views AI as a net tailwind enhancing productivity and monetization opportunities rather than a disruption. The firm believes Autodesk's current valuation is historically low and expects continued execution to support future earnings and free cash flow growth.
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