Microsoft's Acrylic Launch Seen As Non-Event To Adobe

Piper Jaffray maintained an "outperform" rating and $37 target price on Adobe Systems (nasdaq: ADBE - news - people ) and looks for the company to beat second-quarter and third-quarter Street estimates. "Our conversations with half (8 out of 16) of Adobe distributors left us confident that Adobe can beat estimates for the second quarter.

Source; Forbes


Posted: Mon - June 13, 2005 at 10:03 AM