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NEW YORK (
price target boosted at Credit Suisse to $34 from $32.50. Adobe reported solid fourth-quarter 2010 results driven by stronger-than-expected revenue from the Enterprise segment and the EMEA region, Credit Suisse said. Maintain Neutral rating.
Adobe Systems numbers raised at Goldman Sachs. Shares now seen reaching $40. Estimates also increased, given higher enterprise demand, Goldman said.
price target raised by one dollar to $40 at Barclays. CEO is positive regarding revenue growth and margin leverage, Barclays said. Maintain Overweight rating.
Abercrombie & Fitch
( CEG) numbers raised at Jefferies. Shares now seen reaching $85, according to Jefferies. Estimates also increased, given accelerating U.S. sales. Buy rating.
( CEG) numbers lowered at Jefferies. Shares of CEG now seen reaching $35, according to Jefferies. Estimates also cut. Buy rating.
( CEG) price target raised at Barclays by a dollar to $30. 2012 and 2013 outlook benefits from a cost-reduction program, Barclays said. Maintain Equal Weight rating.
price target increased at Barclays to $23 from $21. Positive takeaways after spending time with management are margin expansion and aggressive buybacks, Barclays said. Maintain Overweight rating.
price target increased at Citigroup to $23 from $20. Jabil reported sales, EPS and provided an outlook that was significantly above consensus, Citigroup said. Maintain Hold rating.
numbers were raised through 2013 at Goldman Sachs. Higher sales are driving operating leverage, Goldman said. Buy rating and new $22 price target.
estimates, target boosted at Goldman Sachs. Shares now seen reaching $23. Estimates also upped, as the company is realizing better trading results, Goldman said. Sell rating.
numbers raised at UBS. Shares now seen reaching $38. Estimates also increased, as new products should help drive growth, UBS said. Neutral rating.
estimates, target upped at Goldman Sachs. Estimates were boosted through 2013. Company is a beneficiary of a better small-business environment, Goldman said. Sell rating and new $26 price target.
price target raised at Barclays by a dollar to $30. Strong second-quarter 2011 results, but they are already priced in, Barclays said. 2011 and 2012 EPS estimate raised to $1.42 and $1.56, respectively. Maintain Neutral rating.
estimates increased through 2011 at UBS. Network vision should cut future costs, UBS said. Neutral rating and $4.50 price target.
This article was written by a staff member of TheStreet.