Adobe Partner Ecosystem Shows Strong Momentum

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Go back to Adobe Partner Ecosystem Shows Strong Momentum

FBR Capital Reiterates $100 Price target on Adobe Systems (ADBE) Following Digital Marketing Summit

March 23, 2016 6:55 AM EDT

FBR Capital reiterated a Market Perform rating and $100.00 price target on Adobe Systems (NASDAQ: ADBE) after attending the company's annual Digital Marketing Summit. Adobe introduced the Marketing Cloud Device Co-op, which will pool together data from the more than 1 billion devices with which Adobe's customers engage. The company also highlighted that the number of people who want to be Adobe partners has increased significantly.

Analyst Samad Samana... More