Autodesk price target raised to $307 from $276 at Citi

Citi raised the firm’s price target on Autodesk to $307 from $276 and keeps a Buy rating on the shares ahead of the Q4 report. Citi’s reseller survey suggests some modest improvement in growth trends led by headcount growth and pricing tailwinds, the analyst tells investors in a research note. The firm says that while sluggish end market conditions persist, this looks largely captured in Autodesk’s outlook.