HomeAway (AWAY) today had its estimates reduced by Credit Suisse (NYSE:CS) which set a price target of $27 with a neutral rating. The company is spending more to increase growth, but this may have a negative short term impact on earnings.
Shares are lower by about 15 percent.
Hewlett-Packard (NYSE:HPQ) also had estimates cut by Credit Suisse (NYSE:CS), as the company is facing lower margins and greater uncertainty. A neutral rating was issued with a $30 price target.
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