Autodesk stock was tumbling Wednesday as analysts slashed price targets after the software company reported mixed earnings.
Autodesk (ticker: ADSK) reported fiscal-third quarter adjusted earnings of $1.33 a share, ahead of consensus estimates of $1.26, according to FactSet. Total net revenue of $1.13 billion was up 18% year over year and ahead of analysts’ estimates of $1.12 billion.
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