Jefferies raises its estimates and price target for Autodesk (ADSK +1.9%) after the firm's...

|By:, SA News Editor

Jefferies raises its estimates and price target for Autodesk (ADSK +1.9%) after the firm's reseller survey indicates better-than-normal seasonal trends for the channel in FQ4. Overall demand conditions seem to be improving again, the firm says, and even the data from Europe was "OK." The price target is raised to $43 from $40. (submitted by Holly Thompson)