Autodesk price target raised to $285 from $260 at BofA

BofA analyst Michael Funk raised the firm’s price target on Autodesk to $285 from $260 and keeps a Neutral rating on the shares. The company reported solid Q2 results with revenue and free cash flow beating expectations and management increased revenue and billings guidance for fiscal 2025, the analyst tells investors in a research note. The firm says that while modeling uncertainty remains, the company’s core business resilient.