News Formal

HSBC downgrades Autodesk on moderating earnings growth, valuation concerns

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

HSBC downgrades Autodesk on moderating earnings growth, valuation concerns

) to “hold” from “buy” as it expects moderating earnings growth and valuation concerns relative to peer Dassault Systèmes. Brokerage also lowered its target price on the stock by $9 to $290.

While Autodesk’s third-quarter results slightly exceeded Wall Street expectations, they fell short of HSBC’s estimates, note highlights. The company has raised its full-year guidance, now projecting fiscal 2025 revenue of $6.123 billion and adjusted earnings per share of $8.32, in line with consensus estimates.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 450. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks making the biggest moves after hours: Dell Technologies, Autodesk, Workday and moreThese are the stocks posting the largest moves in extended trading.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

HSBC names 3 'underappreciated' Asian stocks to watch in 2025 — giving one 63% upside potentialAsian markets will look 'very different' in 2025, HSBC says, sharing names that are 'outside of consensus ideas.'
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »