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Adobe Systems (ADBE-Q) opinion on 2017-04-19

Last Price Recorded: 172.5400 on 2017-12-12

ON STOCKCHASE SINCE Nov 2001

computer software/processing
computer software/processing
TOP PICK

David Burrows
Adobe Systems was $130.220 at time of opinion
Owned : Yes

The leader in creating digital media. There is enormous growth in the creation of Digital media. They used to sell their software as a package, with an upgrade every couple of years. There was an enormous number of people pirating their software. They then started selling by subscription. They caught a bunch of pirates that needed their software and had to wind up subscribing. This is a quickly growing pie. As their subscriptions go up, their margins go up. They now have 10 million subscribers. There are 7 million users that continue to use old versions, and will have to upgrade. (Analysts’ price target is $145.)

BULLISH

All opinions for ADBE-Q (29)

5 BUY
2 BUY on WEAKNESS
1 COMMENT
4 DON'T BUY
2 HOLD
1 PARTIAL BUY
1 PARTIAL SELL
4 PAST TOP PICK
1 SELL
1 STRONG BUY
6 TOP PICK
1 WAIT
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All opinions for ADBE-Q (29)

5 BUY
2 BUY on WEAKNESS
1 COMMENT
4 DON'T BUY
2 HOLD
1 PARTIAL BUY
1 PARTIAL SELL
4 PAST TOP PICK
1 SELL
1 STRONG BUY
6 TOP PICK
1 WAIT
View All

More experts covering ADBE-Q

SAVE
Add ADBE-Q to Watch List

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