UBS Maintains a 'Buy' on Adobe (ADBE); Early in CS Cycle

June 11, 2012 1:25 PM EDT Send to a Friend
Get Alerts ADBE Hot Sheet
Price: $44.61 +0.11%

Rating Summary:
    10 Buy, 13 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
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UBS maintains a 'Buy' on Adobe (NASDAQ: ADBE) price target of $37.00.

Analyst, Brent Thill, said the company was a little slow out of the gate, but now ended up being early in the CS cycle.

For an analyst ratings summary and ratings history on Adobe click here. For more ratings news on Adobe click here.

Shares of Adobe closed at $31.65 yesterday, with a 52 week range of $22.67-$34.78.


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