Piper Jaffray Sees Adobe's (ADBE) NPD Data Tracking Above Expectations
More News related to ADBE
- Empruntis.com Increases Online Loan Application Completions with Omniture Test&Target
- Adobe Enhances Acrobat.com with New Productivity and Collaboration Capabilities
- Adobe AIR 2 and Flash Player 10.1 Beta Software Now Available
- UBS Starts ADBE, MSFT, ADSK at Buy, MFE, CRM, ORCL, SYMC at Neutral
- SIIA Files Six New Software Piracy Lawsuits Against Fraudulent Online Vendors Across the Country
More News related to Analyst Comments
- Green Mountain (GMCR) Will Likely Win Diedrich Coffee (DDRX) Bidding War - Analyst
- FBR Capital Raises Estimates & PT on Trina Solar (TSL) following 3Q09 results
- Broadpoint.AmTech Reiterates a 'Buy' on Precision Castparts (PCP); Issues Top Ten for Owning Shares
- Citi Recommends Stocks in Qatar, UAE, Egypt; Believes Middle East Will 'Catch Up' to Emerging Markets
- Broadpoint.AmTech Maintains a 'Buy' on First Solar (FSLR); Lowers PT and Estimates
Piper Jaffray is out with some positive comments on Adobe (Nasdaq: ADBE):
- NPD data for Adobe is tracking well above expectations; NPD through August came in up 2.4% quarter-over-quarter compared to all three months of Q2. The Street was looking for down 3% on a quarter-over-quarter basis.
- The month of August was up, on a month-over-month basis, from June, better than the Street had been expecting and better than typical seasonality would suggest.
- Sees CS5 shipping in April 2010.
Related Categories
Analyst CommentsStocks Mentioned
+0.22Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
