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Adobe Systems Incorporated (ADBE) [hlAlert]

Rating:
Buy ADBE
up 145.51 %

Adobe Systems Incorporated (ADBE) upgraded to Buy with price target $39 by Citigroup

Posted on: Wednesday,  Feb 17, 2010  8:25 AM ET by Citigroup

Citigroup rated Buy Adobe Systems Incorporated (NASDAQ: ADBE) on 02/17/2010, when the stock price was $32.14. Since
then, Adobe Systems Incorporated has gained 145.52% as of 01/14/2016's recent price of $78.91.
If you would have followed this Citigroup's recommendation on ADBE, you would have gained 145.51% of your investment in 2157 days.

Adobe Systems Incorporated is a provider of graphic design, publishing, and imaging software for Web and print production. It offers a market-leading line of application software products for creating, distributing, and managing information of all types. The company license its industry-standard technologies to major hardware manufacturers, software developers, and service providers, and offer integrated software solutions to businesses of all sizes.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/17/2010 8:25 AM Buy
None
32.14 39.00
as of 12/31/2010
1 Week up  7.84 %
1 Month up  19.67 %
3 Months up  27.22 %
1 YTD up  3.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/4/2009 8:25 AM Hold
None
26.47
5/29/2008 9:25 AM Buy
None
42.81 50.00

(*) Stock Price at the time of the recommendation.
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