Autodesk stock dips after Piper Sandler downgrades on FY25 growth expectations

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Autodesk (NASDAQ:ADSK) stock fell about 6% on Wednesday after Piper Sandler downgraded the stock to Neutral from Overweight and cut the price target to $215 from $240.

The San Francisco-based company reported third quarter results post-market on Tuesday which beat analysts estimates.

The analysts said that

AutodeskdipsdowngradesExpectationsFY25GrowthPiperSandlerstock
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