Solar energy already cheaper than coal!:)
Adobe Price Target Raised To $103 At Bernstein: Here's Why
n a report published Monday, Bernstein analyst Mark L. Moerdler maintained an Outperform rating on Adobe Systems Incorporated (NASDAQ: ADBE), while raising the price target from $93 to $103. The company completed the acquisition of online multimedia marketplace, Fotolia, in Q1, while launching its own multimedia marketplace, Adobe Stock, on June 16.
Adobe Stock offers "Creative Cloud users the ability to buy and sell images through a cloud-based exchange that is directly integrated into Adobe's Creative Cloud tools for a flat fee per image or through a subscription to the Adobe Stock service. Non-Creative Cloud users can also take advantage of the service but at a higher price," Moerdler stated.
The analyst expects Fotolia and Adobe Stock to be able to generate incremental new revenue for the company, anywhere between $400 million and $1 billion by FY17, depending on Creative Cloud subscriber growth and the cross-sell attach rates. This represents meaningful value creation from the FY15 levels.
"We believe that consensus estimates for Adobe do not include the revenue and EPS that we expect could be generated by this new service, even at the lower end of our ranges, and this new service could offer significant upside to the story," Moerdler said, adding, "Since this is a new service, its adoption rate is still unknown, and management has not yet guided to the opportunity."
Could not AGREE MORE!:)
HBO Now!!!! Is going to be bigger than NFLX!!!!
Yes I remember when this fool was proclaiming that the US was the Saudi Arabia of coal, and pumping the heck out of BTU and ACI idiot!
Great news our country will be able to breath fresh air very soon!:)
Not going to get any better for coal, HRC is going to be the next President and the SCOTUS is going to be progressive liberals for centuries!!!!!:)
Never has the death of something brought such joy to the hearts of billions!:)
Been predicting this for the past 4 years and that day has thankfully arrived! Long live clean renewable energy and planet earth!:)
Coal is a DISASTER!
Coal industry is fuced:)
Still funny!:) lol! :)
still very funny! lol!
going to ZERO!!!!!!!!!!!!!:)
Dumb fuks on the Supreme court are not going to save you!:)
WBI announced via in-game mail that the mobile version of Mortal Kombat X already touts 15 million players.
This is just the beginning! 24 months from now there will be billions of mobile users of Warner Brothers Interactive games being used by consumers! This stock should double in next 18 months!!!!!!!!!
Idiots were selling after amazing earnings!
these stock images are going to be a cash cow for ADBE as creatives, who always need images will have this vast library to tap into, ADBE is going to be a MONSTER!
that is not true, but what you see when you look at gross margins on the CC subscriptions business they are exploding higher! 87.2% in 2015 up from 85% in 2014!
Great to see CC sub growth accelerate! If this continues for next 3 quarters ADBE should double in 2015!
Running out of coal fired plants to get shut down!:)