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Fly News Breaks for June 21, 2017
ADBE
Jun 21, 2017 | 07:34 EDT
Credit Suisse analyst Michael Nemeroff raised his price target on Adobe to $160 from $150 after the company delivered "another solid quarter" in Creative Cloud and issued net new Digital Media ARR guidance that topped expectations. Nemeroff keeps an Outperform rating on Adobe shares.