Piper says Adobe (ADBE) will beat Q2 estimates, driving the stock higher. UBS says Adobe will merely meet Q2 estimates, driving the stock…not quite as high.
Piper: Reiterates BUY and target of $50. Sees opportunity for Adobe to beat expectations considering the strengths of CS4 and Acrobat 9.
UBS: Maintains NEUTRAL, but raises target from $38 to $45. They expect ADBE to to meet Q2 expectations, but for the Business Productivity Solutions unit to post double-digit growth.