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Notable Downgrades: Autodesk (ADSK), CVS Health Corp. (CVS), Splunk, Inc. (SPLK), Consolidated Edison (ED)

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?
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