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Fly News Breaks for September 20, 2017
ADBE
Sep 20, 2017 | 07:31 EDT
RBC Capital analyst Ross MacMillan says that Adobe's digital marketing revenue came in below expectations due to longer sales cycles. However, he doesn't think the miss suggests that the business is facing "structural/competitive issues," and he believes that the company's "earnings growth remains largely intact." The analyst recommends buying the stock on weakness.
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