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Adobe Systems Incorporated Message Board

  • lws2000 lws2000 Nov 9, 2011 9:59 AM Flag

    Now is the time to buy (average in) Adobe

    Jefferies sees growth in the Creative franchise from: i) re-tooling of the portfolio around open standards such as HTML5; ii) new subscription services, such as the Adobe Creative Cloud; and iii) the potential to capture more developer mind (and ultimately dollar) share with tools such as PhoneGap.

    Looking to earnings, Jefferies is lowering its' 2012 expectation from $2.58 to $2.47 per share, while first- through fourth-quarter EPS expectations move from 55, 65, 65, and 72 cents to 52, 62, 63, and 69 cents, respectively.

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