Adobe’s (NASDAQ:ADBE) Earnings Estimate Raised by Jefferies

Jefferies maintains their “Buy” rating and price target on Adobe (NASDAQ:ADBE), but has changed their EPS and revenue estimates in 2012 from $2.43/4.51 billion to $2.45/4.44 billion For 2011, they see Adobe struggling to reach growth expectations. They said, “Our survey work points to decent CS adoption, we and the Street continue to model below management’s growth expectations for FY11 and

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Adobe’s (NASDAQ:ADBE) Earnings Estimate Raised by Jefferies

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