Autodesk price target raised to $350 from $300 at Oppenheimer

Oppenheimer raised the firm’s price target on Autodesk (ADSK) to $350 from $300 and keeps an Outperform rating on the shares. The company reported solid Q1 results and largely reiterated guidance against a very tough macro/industrial backdrop, and while the management saw no change in customer demand through May, it has embedded incremental macro conservatism with an offset from improving FX into its FY26 outlook, the analyst tells investors in a research note.