BofA/Merrill Lynch Upgrades Adobe (ADBE) to Buy

January 10, 2011 9:59 AM EST Send to a Friend
Get Alerts ADBE Hot Sheet
Price: $45.78 +5.58%

Rating Summary:
    11 Buy, 12 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 2 | New: 2
Trade ADBE Now!
Shares of Adobe Systems (NASDAQ: ADBE) are trading modestly higher this morning as we are hearing that an analyst at BofA Merrill upgraded the stock from Neutral to Buy earlier.

Adobe shares last traded at $32.17, up 0.4% from Friday's closing price.

For more ratings news on Adobe click here and for the rating history of Adobe click here.

Shares of Adobe closed at $32.04 yesterday, with a 52 week range of $25.45-$37.59.


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