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Fly News Breaks for October 8, 2015
ADBE
Oct 8, 2015 | 07:59 EDT
UBS said the earnings outlook given by Adobe appears conservative and the risk/reward in its shares remains attractive. The firm believes Cloud adoption needs to pick up outside the U.S., with execution the main risk against an expanded TAM. UBS reiterated its Buy rating and $90 price target on Adobe shares.
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