Notable Downgrades: Autodesk (ADSK), CVS Health Corp. (CVS), Splunk, Inc. (SPLK), Consolidated Edison (ED)
August 28, 2015 at 13:59 PM EDT
Autodesk, Inc. (ADSK) was reiterated a ‘Overweight’ by Barclays analysts on Friday. The broker however, cut its price target on the stock to $62 from $68. On valuation measures, Autodesk Inc. stock it’s trading at a forward P/E multiple of 69.73x, and at a multiple of 150.84x this year’s estimated earnings. The t-12-month revenue at […] View the full post at: Notable Downgrades: Autodesk (ADSK), CVS Health Corp. (CVS), Splunk, Inc. (SPLK), Consolidated Edison (ED) Related posts: Health Bill to Cost $940 Billion, Reduce Deficit, Democrats Say What does the health care bill mean to me? How Much Does Health Reform Reduce the Budget Deficit?