Adobe rises as Jefferies sees estimates as ‘conservative,’ updates Creative Cloud

Posted on by wpadmin
Entrance to Adobe San Francisco office location in historic Baker and Hamilton warehouse

David Tran

  • Adobe (NASDAQ:ADBE) shares rose more than 3% on Friday after investment firm Jefferies said it sees earnings estimates as “conservative.”
  • “We are positive on ADBE’s new price increase of $10 (up 11-17%) on Creative Cloud All Apps plans for both individuals and teams, effective

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