Analyst Research Report Snapshot

Title:

Adobe (ADBE): initiating FY14E & Creative Cloud model

Price:

$69.00

Provider:

Griffin Securities, Inc.

Date:

07 Nov 2012

Pages:

8

Type:

AcrobatPDF

Companies referenced:

ADBE.OQ ADSK.OQ

Available for Immediate Download
Summary:

We are initiating our estimates for FY14 plus we are introducing a detailed model for the Creative Cloud subscription model. Our premise is that by as early as 2014 the annual revenues from Creative Cloud will approximately offset the decay of product upgrades revenues, and that thereafter Creative Cloud will turn to be incremental to net revenues. We are reiterating our Buy rating with a 12-month price target of $40 for ADBE.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.