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Adobe Systems (ADBE) stock is near an all-time high, but still has room to run, Rosenblatt Securities analyst Kirk Adams said in a research note Thursday. Adobe stock hit a record high of 87.25 on Aug. 18. Shares fell a penny shy of 86 on Wednesday, but in morning trading in the stock market today, Adobe was down 1.5%, near 84. Adams reiterated his buy rating on the digital media software company, with a price target of 112. Adobe stock surged Scalper1 News
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