Top News: Autodesk (NASDAQ:ADSK), Adobe Systems (NASDAQ:ADBE), Dassault Systemes SA (OTCMKTS:DASTY), 3D Systems Corp. (NYSE:DDD)

Posted by on Jul 08, 2014

Investment analysts at Cowen and Company hoisted their price target on shares of Autodesk, Inc. (NASDAQ:ADSK), from $52.00 to $58.00 in a note issued to investors on Tuesday. Cowen and Company’s price objective suggests a potential upside of 2.06% from the stock’s previous close. Autodesk, Inc. (NASDAQ:ADSK), net profit margin is 8.80% and weekly performance is 0.83%. On last trading day company shares ended up $55.93. Analysts mean target price for the company is $59.75. Autodesk, Inc. (NASDAQ:ADSK), distance from 50-day simple moving average (SMA50) is 7.43%.

On June 17, 2014, Adobe Systems Inc. (NASDAQ:ADBE), reported Q2 EPS of $0.37, $0.07 better than the analyst estimate of $0.30. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.03 billion. Adobe Systems Inc. (NASDAQ:ADBE), fell 1.21% in last trading session and ended the day on $72.68. NI, Gross Margin is 85.40% and its return on assets is 2.80%. Adobe Systems Inc. (NASDAQ:ADBE), quarterly performance is 18.53%.

On June 24, 2014, Dassault Systemes SA (OTCMKTS:DASTY), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, announced that Ion Beam Applications SA (IBA), the leading medical device manufacturer and pioneer in proton beam therapy for cancer treatment, selected the 3DEXPERIENCE platform based on V6 architecture, and its “Licensed to Cure for Medical Device” industry solution experience. With “Licensed to Cure for Medical Device”, IBA will support the development processes of its medical accelerator solutions. Dassault Systemes SA (OTCMKTS:DASTY), shares moved up 0.10% in last trading session and was closed at $131.73, while trading in range of $131.03 – 131.74. Dassault Systemes SA (OTCMKTS:DASTY), year to date (YTD) performance is 9.92%.

Shares of 3D Systems Corp. (NYSE:DDD), have earned a consensus rating of “Hold” from the twenty-four brokerages that are presently covering the company, AR Network reports. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $67.51. 3D Systems Corp. (NYSE:DDD), ended the last trading day at $60.15. Company weekly volatility is calculated as 6.25% and price to cash ratio as 21.56. 3D Systems Corp. (NYSE:DDD), showed a positive weekly performance of 1.83%.

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