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Fly News Breaks for October 7, 2015
ADBE
Oct 7, 2015 | 06:38 EDT
Deutsche Bank analyst Nandan Amladi raised his price target for Adobe to $90 citing the company's "bold but achievable" three-year growth plan. The lowered FY16 outlook is due to currency adjustments and the continuing license transition, the analyst contends. He reaffirms a Buy rating on the name.
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