Standpoint Research Downgrades Adobe (ADBE) to Hold

November 9, 2011 2:43 PM UTC
Get Alerts ADBE Hot Sheet
Price: $283.62 +0.67%

Rating Summary:
    30 Buy, 23 Hold, 4 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Standpoint Research downgraded shares of Adobe (NASDAQ: ADBE) from Buy to Hold Wednesday afternoon.

The firm sees Tuesday evening's developments as "disappointing in the near-term."

Adobe shares are down about 8 percent at last check.

For an analyst ratings summary and ratings history on Adobe click here. For more ratings news on Adobe click here.


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