FY25

The latest Jefferies report casts doubt on the expected expansion in EBIT margins for IT companies in FY25. The consensus forecast is for an increase of 80 basis points year-on-year, to 20.3% for the sector. However, while there is…

© Reuters. On Wednesday, TD Cowen maintained its Outperform rating on shares of CrowdStrike Holdings (NASDAQ:) and increased the price target to $400 from the previous $340. This adjustment follows CrowdStrike's announcement of…

JHVEPhoto 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…