Analysts at Pivotal Research initiated coverage on Adobe Systems Incorporated ADBE with a Buy rating.
The target price for Adobe Systems is set to $98.
Adobe Systems shares have gained 14.54% over the past 52 weeks, while the S&P 500 index has surged 14.65% in the same period.
Adobe Systems' shares dropped 0.54% to close at $77.68 yesterday.
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