Autodesk Gets Analyst Upgrade On Its Cloud Expansion

By | April 28, 2014

Scalper1 News

Autodesk’s (ADSK) move to the cloud earned it an upgrade to outperform, or buy, from market perform by Pacific Crest Securities analyst Brendan Barnicle on Monday. Barnicle says the company’s move to the cloud will help it crack a total addressable market including $15.7 billion in the manufacturing sector. The company expects to convert a portion of its users to the cloud over the next four years, in a conversion similar to one that is also well Scalper1 News

Scalper1 News