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ADBE

Adobe

$173.52

5.98 (3.57%)

05:11
12/07/17
12/07
05:11
12/07/17
05:11

Adobe names Scott Belsky as Chief Product Officer, EVP Creative Cloud

Adobe announced the appointment of Scott Belsky as Chief Product Officer and executive vice president, Creative Cloud. In this new role, Belsky will lead product management and engineering for Adobe Creative Cloud products and services, Adobe Spark and Behance. In addition, he will oversee the Adobe Design team which focuses on experience design across Adobe products. Belsky's responsibilities will include driving product delivery and long-term innovation strategy across Adobe's key design, photography and video segments. Belsky previously served as Adobe's vice president of products, leading the Creative Cloud mobile product strategy.

ADBE Adobe
$173.52

5.98 (3.57%)

10/19/17
10/19/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Adobe (ADBE) upgraded to Hold from Sell at Pivotal Research with analyst Brian Wieser saying the company's fiscal 2018 guidance was significantly better expected and offers strong margin trends. 2. ANGI Homeservices (ANGI) upgraded to Outperform from Market Perform at Wells Fargo with analyst Peter Stabler saying the Angie's List and HomeAdvisor combination position the new company for further category share gains in an expanding U.S. market and potential for accelerated growth in earlier stage international markets. 4. Mercer (MERC) upgraded to Outperform from Sector Perform at RBC Capital with analyst Paul Quinn citing a stronger than expected pulp market. The analyst also raised his price target on the shares to $15 from $12. 5. Grainger (GWW) upgraded to Neutral from Underweight at Atlantic Equities. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/25/17
ARGS
10/25/17
NO CHANGE
Target $195
ARGS
Buy
Adobe price target raised to $195 from $170 at Argus
Argus analyst Joseph Bonner raised his price target on Adobe to $195 and kept his Buy rating, citing the company's position at the center of the "exploding market for digital video content and advertising creation and management." Bonner says Adobe continues to accelerate organic product refreshes and new rollouts as well as partnering with industry leaders to drive further growth. The analyst also notes that Adobe management has typically underpromised and overdelivered.
11/09/17
UBSW
11/09/17
INITIATION
Target $217
UBSW
Buy
Adobe initiated with a Buy at UBS
UBS analyst Jennifer Swanson Lowe started Adobe with a Buy rating and $217 price target.
11/22/17
KEYB
11/22/17
NO CHANGE
Target $216
KEYB
Overweight
Adobe price target raised to $216 from $178 at KeyBanc
KeyBanc analyst Brent Bracelin raised his price target for Adobe to $216 from $178 as he has increasing confidence in the upside levers to Adobe's cloud growth and profit margins next year, in part driven by price increases and an expanding portfolio of over 20 Creative Cloud products that account for 60% of sales, up from 45% in 2015. The analyst believes Adobe remains one of the core cloud software platforms to own for 2017 and 2018. He reiterates an Overweight rating on the shares.

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AU

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ZOES

Zoe's Kitchen

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ATGE

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SPY

SPDR S&P 500 ETF Trust

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0.38 (0.13%)

, XLF

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0.02 (0.07%)

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XLF

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V

Visa

$141.08

0.44 (0.31%)

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ANET

Arista Networks

$269.22

1.35 (0.50%)

, AAPL

Apple

$216.51

3.02 (1.41%)

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ANET

Arista Networks

$269.22

1.35 (0.50%)

AAPL

Apple

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3.02 (1.41%)

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SYNL

Synalloy

$23.10

0.2 (0.87%)

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CWT

California Water Service

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NTNX

Nutanix

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$NSD

NASDAQ Market Internals

$0.00

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$NYE

NYSE Market Internals

$0.00

(0.00%)

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NFG

National Fuel

$57.05

0.47 (0.83%)

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CMG

Chipotle

$507.92

5.34 (1.06%)

12:06
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