Adobe Systems Incorporated (ADBE) downgraded to Sell with price target $23 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 69.24% as of 06/19/2013's recent price of $45.78. If you would have followed this Brigantine's recommendation on ADBE, you would have lost 40.91% of your investment in 566 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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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.