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Analyst Moves: ADBE, ICE
Thursday, November 3, 4:25 PM ET

Adobe (NASDAQ:ADBE) today had its price target raised by Citigroup (NYSE:C) to $35 with a buy rating. Citi believes that Adobe will experience a long term benefit from subscription revenue, which will lead to faster growth and higher margins.

Shares are higher by over two percent.

ICE (NYSE:ICE) today had estimates and its price target raised by UBS to $145. Estimates were increased due to higher run rate volumes, as well as a lower tax rate.

Shares are trading higher by over 4.7 percent.

For MarketNewsVideo.com, I'm Tracey Fitzpatrick.

Analyst Moves: ADBE, ICE picture
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Analyst Moves: ADBE, ICE | Market News Video | Copyright © 2008 - 2017, All Rights Reserved

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