Autodesk initiated with Neutral rating due to near-term AI concerns: Cantor

[Autodesk office building in Portland, Oregon, USA] JHVEPhoto/iStock Editorial via Getty Images Cantor initiated coverage on Autodesk (ADSK [https://seekingalpha.com/symbol/ADSK]) with a Neutral rating, as the financial services firm believes the rise of artificial intelligence poses a credible threat to the design software stalwart. "ADSK is the global leader in Design software, with strong franchises in AutoCAD, Revit, Fusion, Civil 3D, Inventor, and Forma," said Cantor analyst Mason Marion in an in-depth investor report. "While AI poses perhaps the most credible threat to these franchises in ADSK's history, we expect the company to endure and grow in the AI era.