UBS' Brent Thill has cut his PT on Adobe (ADBE) to $33 from $40 following a reseller survey....

|About: Adobe Systems Incorporated (ADBE)|By:, SA News Editor

UBS' Brent Thill has cut his PT on Adobe (ADBE) to $33 from $40 following a reseller survey. While the survey suggests better-than-expected sales for Adobe's FQ3 (ends this month), it also suggests the company won't get a boost from the recent release of version 5.5 of its flagship Creative Suite platform.