adobe systems

Piper Jaffray is out with its report today on Adobe Systems (NASDAQ: ADBE), maintaining Neutral. In a note to clients, Piper Jaffray writes, "We are maintaining our Neutral rating following our survey at Adobe Photoshop World showing solid CS5 upgrade patterns and modest CS 5.5 upgrade intentions...

Jefferies is out with its report today on Adobe Systems (NASDAQ: ADBE), maintaining Buy after the launch of CS5.5. In a note to clients, Jefferies writes, "We view the CS5.5 launch as a net positive, given more aggressive product positioning for mobile device development, higher upgrade prices for...

Citi is out with its report today on Adobe Systems (NASDAQ: ADBE), maintaining Buy. In a note to clients, Citi writes, "We rate the shares of Adobe Systems Buy / Medium Risk (1M). Our rating is based on our belief that the company will realize significant sales growth from its upcoming Creative...

Deutsche Bank has issued a report on Adobe Systems' (NASDAQ: ADBE) sold first quarter. According to Deutsche Bank, "Adobe reported an in-line 1Q11 at $1,028m/$0.58 vs. our $1,032m/$0.58 and consensus of $1,027m/$0.57. CS5 and Acrobat 10 were both up sequentially while the Omniture segment ticked...

Jefferies is out with its report today on Adobe Systems (NASDAQ: ADBE), lowering its PT to $39. In a note to clients, Jefferies writes, "Despite positive fundamentals (our latest CS survey work and update from the Omniture user event), we have revised estimates down to reflect expectations of a...

Citi is out with its report today on Adobe Systems (NASDAQ: ADBE), maintaining Buy on ADBE. In its report sent to clients, Citi writes, "Adobe remains our top pick in software and we believe underlying strengthening of demand in the Feb. quarter supports an upward bias to estimates. The near-term...

Piper Jaffray has downgraded Adobe Systems (NASDAQ: ADBE) from Overweight to Neutral and has raised the price target from $34 to $36.

Adobe Systems (NASDAQ: ADBE) reported upside to F4Q10 and raised F1Q11 guidance based on strengthening fundamentals late in the quarter, Jefferies reports. “FY11 is expected to grow +10%, with op margin expansion (an uptick) and a lower tax rate delivering mid to high teens EPS growth. We think the...

Jefferies is raising its target on Adobe Systems (NASDAQ: ADBE) from $34 to $35.

Deutsche Bank is raising its target on Adobe Systems (NASDAQ: ADBE) from $40 to $43.

Oppenheimer has published a research report on Adobe Systems, Inc. (NASDAQ: ADBE) following the company's announcement that Acrobat 10 will be coming "soon". In the report, Oppenheimer writes "On Monday, Adobe announced its latest family of Acrobat solutions, version X, would be shipping within 30...

Standpoint Research has upgraded Adobe Systems (NASDAQ: ADBE) from Hold to Buy.