Notable Downgrades: Adobe Systems (ADBE), Cummins Inc. (CMI), Analogic (ALOG), Bankrate (RATE),
September 16, 2014 at 12:15 PM EDT
Adobe Systems (ADBE) was assumed by RBC Capital Markets analysts with a ‘Sector Perform’ from ‘Outperform’ rating and $82.00 from $85.00 price target Tuesday. Adobe shares were down 0.37% at $70.01 in midday trade, moving within a 52-week range of $47.92 to $74.69. Adobe Systems Inc. shares are currently priced at 134.65x this year’s forecasted […] View the full post at: Notable Downgrades: Adobe Systems (ADBE), Cummins Inc. (CMI), Analogic (ALOG), Bankrate (RATE), Related posts: U.S. Unemployment Rate Identical to that of Europe GDP Increases at 3.2% Annual Rate in Q1’10 Caterpillar Inc. Downgraded to “Neutral” at BofA