RBC Capital Lowers its Price Target on Autodesk, Inc. (ADSK) to $340 and Maintains an Outperform Rating

Group 1: Company Performance and Analyst Ratings - Autodesk, Inc. is recognized as one of the 10 Best Consensus Buy-Rated Stocks to Invest in [1] - RBC Capital analyst Matthew Hedberg lowered the price target on Autodesk to $340 from $380 while maintaining an Outperform rating, citing negative investor sentiment and a preference for companies with clearer AI monetization paths [1] - JPMorgan upgraded Autodesk to Overweight from Neutral with an unchanged price target of $319, highlighting its leadership in design and building information modeling software and the rapid adoption of cloud and AI technologies [2] Group 2: Legal Matters - Autodesk filed a lawsuit against Alphabet's Google for alleged infringement of its "Flow" trademark, claiming it began using the name in September 2022, prior to Google's launch of its own Flow software in May 2025 [3] Group 3: Product Offerings - Autodesk provides a range of 3D design, engineering, and entertainment software solutions globally, including products like AutoCAD Civil 3D, Revit, Autodesk Build, BIM Collaborate Pro, BuildingConnected, and Tandem [4]

RBC Capital Lowers its Price Target on Autodesk, Inc. (ADSK) to $340 and Maintains an Outperform Rating - Reportify