In addition to Qlik, Jefferies, is downgrading Parametric Technology (PMTC -4.6%) to Hold,...

|By:, SA News Editor

In addition to Qlik, Jefferies, is downgrading Parametric Technology (PMTC -4.6%) to Hold, citing checks that point to weakening demand. The firm adds it expects organic growth, which already appears to be under pressure given Parametric's Q2 guidance, to remain depressed for a while longer. Larger CAD software rival Autodesk (ADSK -1.3%) might be ticking lower in sympathy.