
Adobe: Analysts' New Targets, Estimates
Click here for Analysts' Upgrades, Downgrades.
Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
) --
Adobe Systems
(ADBE) - Get Report
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.
Analog Devices
(ADI) - Get Report
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.
Constellation Energy
( CEG) numbers lowered at Jefferies. Shares of CEG now seen reaching $35, according to Jefferies. Estimates also cut. Buy rating.
Constellation Energy
( 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.
Brinker International
(EAT) - Get Report
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.
Jabil Circuit
(JBL) - Get Report
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.
Jabil Circuit
(JBL) - Get Report
numbers were raised through 2013 at Goldman Sachs. Higher sales are driving operating leverage, Goldman said. Buy rating and new $22 price target.
Jefferies
(JEF) - Get Report
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.
Juniper Networks
(JNPR) - Get Report
numbers raised at UBS. Shares now seen reaching $38. Estimates also increased, as new products should help drive growth, UBS said. Neutral rating.
Paychex
(PAYX) - Get Report
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.
Paychex
(PAYX) - Get Report
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.
Sprint Nextel
(S) - Get Report
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.









