ADBE Benefits From CS5 Product Launch

Analysts at Brigantine upgrade Adobe (NASDAQ: ADBE) from "hold" to "buy." The target price for ADBE is set to $42.

According to Brigantine, the upgrade in rating is based on ADBE’s CS5 product launch. ADBE is also going to announce its Q1 results.

ADBE’s shares gained 1.54% to $35.56 at 2:44 pm. More Analyst Ratings here