Rosenblatt Securities analyst Blair Abernethy maintained a Buy rating on Autodesk (ADSK – Research Report) today. The company’s shares closed today at $186.80.
According to TipRanks, Abernethy is an analyst with an average return of -6.2% and a 34.21% success rate. Abernethy covers the Technology sector, focusing on stocks such as Autodesk, Ansys, and Splunk.
In addition to Rosenblatt Securities, Autodesk also received a Buy from Mizuho Securities’s Matthew Broome in a report issued yesterday. However, on the same day, Goldman Sachs reiterated a Sell rating on Autodesk (NASDAQ: ADSK).
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Based on Autodesk’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $1.24 billion and a net profit of $186 million. In comparison, last year the company earned a revenue of $1.06 billion and had a net profit of $115 million
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Autodesk, Inc. designs and develops software for the architecture, engineering, manufacturing, construction, and media and entertainment industries. Moreover, its digital media and entertainment solutions consists of tools for digital sculpting, animation, effects, modeling, rendering, and compositing for design visualization, visual effects, and games production.
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