Stifel Nicolaus is out with its report today on Autodesk ADSK, maintaining Hold.
In a note to clients, Stifel Nicolaus writes, "Autodesk is trading at 26.4x P/E on FY12 estimates (22.6x P/E ex cash). We believe that Autodesk has a long term
opportunity to drive sustained license growth and margin expansion, although
we currently view the stock as fairly well valued and therefore maintain our
Hold rating."
At the time of posting, shares of ADSK were trading at $43.28, down 2.49% from Thursday's close.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorAnalyst RatingsApplication SoftwareautodeskInformation TechnologyStifel Nicolaus
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in