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.
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