Wed, Dec 24, 2014, 9:08 PM EST - U.S. Markets closed early today

Recent

% | $
Quotes you view appear here for quick access.

Adobe Systems Inc. Message Board

  • celtic_86 celtic_86 Sep 18, 2013 12:11 PM Flag

    Clueless shorts. Period.

    ANALYST REACTION: This morning, research firms Deutsche Bank and UBS both raised their price targets on Adobe. Deutsche Bank raised its price target on the shares to $58 from $52 and reiterated a Buy rating on the stock. The firm cited higher than expected subscription additions as the primary reason for the increase in its target. .Similarly, UBS raised its price target on the shares to $58 from $50 and kept a Buy rating on the stock. PRICE ACTION: In late morning trading, Adobe rose $3.29, or 6.8%, to $51.43 on more than twice its average daily trading volume. The stock hit a new 52-week high of $52.08 earlier in the session and is up about 36% since the start of the year.

 
ADBE
74.74+0.36(+0.48%)Dec 24 1:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.