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Autodesk (ADSK) is losing its chief financial officer, but the outlook for the maker of design software looks good because of such factors as increasing hires and growth in its key engineering and architectural markets, says an analyst. Raimo Lenschow of Barclays on Thursday upgraded Autodesk stock to overweight from equal weight, with a price target of 65. Autodesk was up a fraction in midday trading in the stock market today, near 55.75. The Scalper1 News
Scalper1 News