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Autodesk price target raised to $300 from $265 at Argus

Argus raised the firm’s price target on Autodesk to $300 from $265 and keeps a Buy rating on the shares after its Q4 earnings beat last week. The company has noted that business conditions remain consistent with recent quarters and continued cautious optimism from channel partners, the firm tells investors in a research note, adding that Autodesk appears to be “doing as well as can be expected” in the current economic environment.

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