Adobe Cloud Services Called ‘Transformational’

By | August 25, 2015

Scalper1 News

After getting a haircut during the recent broad-based stock market correction, Adobe Systems (ADBE) is now attractively priced, Baird analyst Steven Ashley said in a research report Tuesday. Ashley raised his rating on Adobe stock to outperform from neutral, with a price target of 85. Adobe was up 2.5% to around 76 in afternoon trading on the stock market today. Adobe hit an all-time high of 87.25 on Aug. 17. Adobe is “now into the foothills of Scalper1 News

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