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Fly News Breaks for December 11, 2015
ADBE
Dec 11, 2015 | 07:21 EDT
Stephens analyst Alex Zukin called Adobe's Q4 report "very strong," noting that Creative Cloud subscriber additions and Digital Media Annualized Recurring Revenue both came in "meaningfully" ahead of expectations. Zukin keeps an Overweight rating on Adobe and raised his price target for shares to $115 from $100.