This morning, Credit Suisse adjusted its EPS estimates on shares of Autodesk (ADSK) for 2011, 2012 and 2013 as margins could come in lighter than once expected. The firm set its EPS estimates at $1.30 for 2011, $1.58 for 2012 and $1.94 for 2013 while maintaining its neutral rating and its $30 price target.
Shares of Autodesk were lower on Friday, falling almost 4% following the third quarter earnings report.
And Jefferies initiated coverage on shares of Deckers Outdoor (DECK) with a buy rating as the firm expects the UGG brand to grow further. With the buy rating, Jefferies set its price target at $75 per share.
In morning trading, shares of Deckers Outdoor were higher by 5.7% so far.
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