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Fly News Breaks for September 18, 2019
ADBE
Sep 18, 2019 | 07:23 EDT
Canaccord analyst Richard Davis said the Adobe Q3 results were classic Adobe in that they were generally in-line or better and guidance was conservative. The analyst said a low bar has been set for 2021 and there is no need to rush out and buy the stock but he would use the weakness as a buying opportunity. Davis reiterated his Buy rating and $320 price target on Adobe shares.
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