Piper Sandler raised the firm’s price target on Autodesk (ADSK) to $373 from $361 and keeps an Overweight rating on the shares. The firm says its wish list for Q2 was largely fulfilled with a raise to FY26 revenue growth, billings growth, operating margin and free cash flow. This is in spite of the company continuing to build forward guidance off similar modeling assumptions as last quarter: decelerating new business growth and deteriorating EBA renewal rates.
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