JMP Securities Downgrades Adobe (ADBE) to Market Underperform

June 20, 2012 10:35 AM EDT Send to a Friend
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Price: $44.50 -0.25%

Rating Summary:
    10 Buy, 13 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 19 | Down: 35 | New: 12
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JMP Securities downgraded Adobe (NASDAQ: ADBE) from Market Perform to Market Underperform with a new price target of $26.00.

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 $32.89 yesterday, with a 52 week range of $22.67-$34.78.


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