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Cowen Reiterates Outperform on Adobe Systems (ADBE) Following Announcement Consolidation with MSFT
September 27, 2016 11:12 AM EDTCowen reiterated an Outperform rating and $120.00 price target on Adobe Systems (NASDAQ: ADBE) following the company's announcement that it is consolidating its cloud platforms onto Azure and that MSFT will now be co-selling Marketing Cloud. Cowen believes that this partnership makes sense as... More
