Seeking Alpha

Following yesterday's FQ1 report (I, II), Adobe (ADBE -4.3%) receives an upgrade to Sector...

Following yesterday's FQ1 report (I, II), Adobe (ADBE -4.3%) receives an upgrade to Sector Perform from RBC, and a downgrade to the same rating from Pac Crest. The former is pleased with Adobe's transition to a subscription-based model, while the latter is worried about soft Creative Suite sales ahead of CS6's arrival. Piper, meanwhile, is optimistic CS6 demand will be strong. (transcript)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)