Goldman Sachs Maintains Neutral on Autodesk

Goldman Sachs is out with its report today on Autodesk ADSK, maintaining Neutral. In its report, Goldman Sachs writes, "Autodesk will report results on Thursday, August 18, after the market close. We are modeling total revenue and EPS of $540 mn and $0.41, in line with consensus and versus guidance of $530-$545 mn and $0.37-$0.41. Based on our checks pointing to outperformance driven by a successful get-current promotion, we expect the company to post top- and bottom-line results at the high end of guidance or better." Goldman Sachs maintains a $31 PT on ADSK. Shares of ADSK closed Friday at $29.18.