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Enter Symbol:
 
Adobe Systems Incorporated (ADBE) [hlAlert]

Rating:
Sell ADBE
down 56.44 %

Adobe Systems Incorporated (ADBE) downgraded to Sell with price target $23 by Brigantine

Posted on: Thursday,  Dec 1, 2011  9:25 AM ET by Brigantine

Brigantine rated Sell Adobe Systems Incorporated (NASDAQ: ADBE) on 12/01/2011, when the stock price was $27.05. Since
then, Adobe Systems Incorporated has gained 129.57% as of 04/15/2014's recent price of $62.10.
If you would have followed this Brigantine's recommendation on ADBE, you would have lost 56.44% of your investment in 866 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.

Brigantine Advisors is an integrated research team with its first focus on the technology sector. The equity research analysts on our team began their careers in industry with most spending an average of 7 years in their respective sectors. In addition, each analyst has spent over 10 plus years on Wall Street and collectively they have over 100 years of experience. We provide our investment clients timely analysis of market trends by identifying major technology shifts. Within the macro environment, we identify profitable investment opportunities with a focus on both the financial and technical capabilities of the companies we analyze.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/1/2011 9:25 AM Sell
None
27.05 23.00
as of 12/30/2011
1 Week up  0.07 %
1 Month down  -4.51 %
3 Months down  -4.51 %
1 YTD down  -4.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/22/2011 9:25 AM Hold
None
30.10 34.00
12/17/2010 12:25 PM Hold
None
28.54
3/17/2010 8:25 AM Buy
None
35.75 42.00

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