Pivotal Research Initiates Adobe Systems At Buy

Analysts at Pivotal Research initiated coverage on

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.