Adobe Systems (ADBE) Hit with Double Whammy
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Price: $472.90 +1.29%
Rating Summary:
35 Buy, 17 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
Rating Summary:
35 Buy, 17 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
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Shares of Adobe Systems Inc. (Nasdaq: ADBE) are under pressure early Friday following negative analyst comments suggesting sales of CS6 are weak. Also, a dismal earnings report from Autodesk, Inc. (Nasdaq: ADSK) (-23%) is not helping.
Shares of ADBE are down 4.5 percent.
Shares of ADBE are down 4.5 percent.
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