Morgan Stanley Expects Modest Upside to Q214 Results for Adobe Systems - Adobe (NASDAQ:ADBE)

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In a report published Thursday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on

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Adobe Systems

(NASDAQ: ADBE).In the report, Morgan Stanley noted, “ADBE has consistently beaten Q sub ests. and we expect another good result in Q2. The bigger question will be whether the next version of CC and the removal of CS6 from the channel can reaccelerate slowing Suite subscriber adds and gain traction with more price-sensitive buyers.”Adobe Systems closed on Wednesday at $67.46.