Adobe Unveils the Next Generation of Creative Cloud at MAX 2017

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Adobe (ADBE) PT Raised to $180 at Baird Following Analyst Day

October 19, 2017 8:57 AM EDT

Baird raised its price target on Adobe (NASDAQ: ADBE) to $180.00 (from $160.00) while maintaining a Outperform rating following the company's analyst day. Adobe used its analyst day to provide preliminary FY18E guidance that included revenue +20% yr-yr and EBIT margin of ~40%.

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