Adobe, Analog Devices, Facebook Price Target Hiked

By | August 19, 2015

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Adobe Systems (ADBE) received a sharp price target hike from Rosenblatt Securities on Wednesday while Analog Devices (ADI) received several price target boosts. Rosenblatt Securities analyst Kirk Adams raised his price target in Adobe to 112 from 90, “as we have confidence that revenue growth and margin expansion will accelerate over the next two years,” he wrote in the research note. Adobe stock fell 1.1% Wednesday to close at 85.48. The stock Scalper1 News

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