Autodesk's broad portfolio of cloud-based design products is seeing strong adoption from companies across industries ranging from architecture to animation, while its investment in artificial intelligence has further boosted spending. "We have not seen changes in overall business momentum when compared to recent quarters," said Janesh Moorjani, Autodesk finance chief. The company's CEO, Andrew Anagnost, said Autodesk is focusing on its priorities in cloud, platform and AI while working on driving higher margins.
TD Cowen Reiterates Cautious View on Target Corp. (TGT)
On May 21, TD Cowen analyst Oliver Chen continued his cautious view on Target Corp. (NYSE:TGT) with a Hold rating. With his new earnings estimates, the analyst derived a price target of $105, down from his earlier target of $140. The analyst highlighted that the company’s Q1 results missed his expectations because of softer comparable […]
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JPMorgan believes that accelerating cloud adoption and artificial intelligence integration could boost shares of Autodesk.
Target also said it believes net sales will grow every quarter this year.
Target is slated to report quarterly results on Wednesday. Shares have slumped 22% so far in 2025.
Target shares are soaring in 2026, and that trend could get a boost as the retailer revamps its stores, analysts said.
The home improvement chain beat low expectations as tariffs remain a top concern.
(Bloomberg) -- Six weeks into a torrid rebound, US stocks are still laggards in global equity markets this year. For them to…
