Scalper1 News
Adobe Systems (ADBE) stock reached for the clouds on Friday after getting bullish reports from Pacific Crest Securities and RBC Capital Markets. Adobe hit a record high of 86.38 intraday and closed at 86.12, up 2%, on the stock market today. Pacific Crest analyst Brendan Barnicle sees continued upside from Adobe’s transition to Internet cloud services from a licensed software business model. Barnicle reiterated his overweight rating on the stock Scalper1 News
Scalper1 News