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FBR Capital Raises Price target on Adobe Systems (ADBE) Following Analyst Day
October 7, 2015 9:25 AM EDTFBR Capital reiterated a Market Perform rating on Adobe (NASDAQ: ADBE), and raised the price target to $87.00 (from $82.00), following an analyst day and MAX user conference. The event concentrated on how Adobe's Cloud Platform and large ecosystem have positioned it to grow its user base and increase enterprise adoption of its products as the digital world transforms.
Analyst Samad Samana... More
