Morgan Stanley Maintains Equal-Weight on Autodesk

Morgan Stanley is out with its report today on Autodesk ADSK, maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "An expanding product portfolio, and broadening industry and geographic coverage should help sustain ADSK's longer-term growth strategy of providing high volume / lower cost CAD software. However, their core AEC market may not recover to pre-recession levels in the near-term." Shares of ADSK closed Monday at $40.28, down 1.37% from Friday's close.