Atlantic Equities upgraded Adobe to Overweight from Neutral and increased its price target to $97 from $80. Analyst Chris Hickey said Adobe outlined FY15-F18 targets last week at its analyst day for high teens revenue growth and margin expansion once the cloud migration ends, above his previous forecasts of low double digit growth. New disclosures indicate Adobe has done a better ob attracting new users to Creative Cloud, while the installed base of Creative Suite hold-outs represent a larger opportunity than expected, according to Hickey. Further, the analyst said the Creative Cloud base is close to the size where it could use pricing as a lever to achieve financial targets.