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Adobe Systems Incorporated (ADBE) [hlAlert]

Neutral ADBE
down 23.22 %

Adobe Systems Incorporated (ADBE) downgraded to Neutral with price target $36 by Robert W. Baird

Posted on: Wednesday,  Sep 22, 2010  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Neutral Adobe Systems Incorporated (NASDAQ: ADBE) on 09/22/2010. Previously Robert W. Baird rated Outperform Adobe Systems Incorporated (NASDAQ: ADBE)
on 10/08/2009., when the stock price was $33.88. Since then, Adobe Systems Incorporated has lost 23.23% as of 09/22/2010's recent price of $26.01.
If you would have followed the previous Robert W. Baird's recommendation on ADBE, you would have lost 23.22% of your investment in 349 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/22/2010 8:25 AM Hold
26.01 36.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD down  -29.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2009 8:25 AM Buy
33.88 40.00
12/4/2008 8:25 AM Hold
21.19 27.00

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