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Fly News Breaks for June 21, 2017
ADBE
Jun 21, 2017 | 07:05 EDT
JPMorgan analyst Sterling Auty raised his price target on Adobe to $170 from $145 after what he called a " rock solid quarter," stating that the company's good results in digital marketing are what really stand out to him following the company's beat and raise report. The analyst, who adds that it is good to see improving consistency from Adobe, keeps an Overweight rating on the shares.
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