UPDATE: Bank of America Reiterates on Adobe Systems Following Executive Meetings
February 11, 2014 at 07:52 AM EST
In a report published Tuesday, Bank of America analyst Kash Rangan reiterated a Buy rating on Adobe Systems (NASDAQ: ADBE ), and raised the price target from $67.00 to $80.00. In the report, Bank of America noted, “We are raising our PO on ADBE by 19% from $67 to $80