ADSK - Goldman Sachs Analyst Questions Autodesk's Revenue Growth And Total Addressable Market Targets | Benzinga
Goldman Sachs analyst Kash Rangan maintained a Sell rating on AutoDesk Inc (NASDAQ:ADSK) and lowered the price target from $230 to $225.
Rangan noted Autodesk as a category leader with a dominant market position within design and engineering software.
The analyst noted the company’s strong competitive positioning and relative stickiness could command operating margins north of 40% in the long term.
Also Read: What’s Going On With Autodesk Stock After Earnings?
While appreciating fiscal first-quarter 2025’s performance, Rangan highlighted ...