This morning, Credit Suisse adjusted its EPS estimates on shares of Autodesk (NASDAQ: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 (NASDAQ: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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