UPDATE: Goldman Sachs Raises PT on Autodesk to $52

Goldman Sachs is out with its report today on Autodesk ADSK, raising its PT from $51 to $52. In a note to clients, Goldman Sachs writes, "We lift our non-GAAP FY12, FY13, and FY14 EPS (Jan.) estimates to $1.75, $2.20, and $2.65 from $1.72, $ 2.16, and $2.60 due to upside reported in 1Q, stronger revenue growth and a slightly lower tax rate. Our 12-month price target moves to $52.00 from $51.00 previously due to the higher FY13 EPS. Maintain Buy." Shares of ADSK closed Thursday at $44.39, up 0.25% from Wednesday's close.