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Adobe Systems Incorporated (NASDAQ:ADBE) stock price target increased to $157.24, issued a report today by Vetr Inc.

Yesterday Adobe Systems Incorporated (NASDAQ:ADBE) traded -0.30% lower at $140.91. The company’s 50-day moving average is $151.06 and its 200-day moving average is $139.34. The last stock close price is up 10.87% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 3,012,822 shares of the stock were exchanged, up from an average trading volume of 2,012,470

In a report released on 6/20/2017 Vetr Inc. increased the stock price target of Adobe Systems Incorporated (NASDAQ:ADBE) to $157.24 indicating a possible upside of 0.12%.

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Adobe Systems Incorporated (NASDAQ:ADBE)

Adobe Systems Incorporated has a 52 week low of $98.00 and a 52 week high of $157.89 with a P/E ratio of 53.81 Adobe Systems Incorporated’s market capitalization is currently $0.

In addition to Vetr Inc. reporting its stock price target, a total of 21 brokerages have issued a ratings update on the company. The average stock price target is $111.57 with 9 brokerages rating the stock a strong buy, 9 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Adobe Systems Incorporated (NASDAQ:ADBE)

Adobe Systems Incorporated is a software company. The Company offers products and services used by professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences. It operates through three segments: Digital Media, Digital Marketing, and Print and Publishing. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses and enterprises to create, publish, promote and monetize their digital content. Its Digital Marketing segment provides solutions and services for how digital advertising and marketing are created, managed, executed, measured and optimized. Its Print and Publishing segment addresses market opportunities ranging from the diverse authoring and publishing needs of technical and business publishing to its legacy type and original equipment manufacturer (OEM) printing businesses.

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