Autodesk was downgraded by OTR Global

Autodesk (NASDAQ:ADSK) was downgraded by OTR Global to a “positive” rating in a note issued to investors on Friday, The Fly reports. Autodesk (NASDAQ:ADSK) traded down 0.554% during midday trading on Friday, hitting $54.755. 1,191,853 shares of the stock were exchanged. The company’s market cap is $12.39 billion.
Autodesk, Inc. (NASDAQ:ADSK) is a design software and services firm, offering customers productive business solutions through technology products and services. The Company serves customers in manufacturing the architecture, building and engineering, and digital media, entertainment and consumer sectors. The Organization operates in four segments: Architecture, Engineering and Construction (AEC), Platform Options and Emerging Business (PSEB), Manufacturing (MFG), and Media and Entertainment (M&E). The PSEB, AEC and MFG segments provide a variety of services, including consulting, support and training. The offers section M&E software products to creative professionals, post production facilities and broadcasters for a variety of applications, including feature films corporate videos, interactive programs, commercials, music and, television game production, Web design and interactive Web streaming. For the full story here.(source: dakotafinancialnews)