Autodesk (ADSK) Reaffirms Long-Term Growth Outlook With Focus on AI and Efficiency

Autodesk, Inc. (NASDAQ:ADSK) is one of the Trending AI Stocks on Wall Street’s Radar. On October 6, RBC Capital analyst Matthew Hedberg reiterated an Outperform rating on the stock with a $380.00 price target. The rating affirmation came ahead of the company’s analyst event. Autodesk’s analyst event took place on October 7th in San Francisco. According to the firm, Autodesk had already disclosed during its second-quarter earnings call about its fiscal year 2029 operating margin target of 41%, or 45% on an ...