Morgan Stanley Sees Continued Good Subscriptions For Adobe System.
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| Title: | Morgan Stanley Sees Continued Good Subscriptions For Adobe System. |
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| Authors: | Dwight Einhorn |
| Source: | Benzinga. 06/18/2014. |
| Abstract: | In a report published Wednesday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on Adobe Systems (NASDAQ: ADBE). In the report, Morgan Stanley noted, “Point solutions drove Q2 subs adds well above expects but also pressured ARPU and Creative ARR was inline. Shares likely trade higher on the subs beat, but the mix shift away from full Suites also raises questions around long-term ARPU and customer LTV.” [ABSTRACT FROM PUBLISHER] |
| Database: | Newspaper Source Plus |
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| Abstract: | In a report published Wednesday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on Adobe Systems (NASDAQ: ADBE). In the report, Morgan Stanley noted, “Point solutions drove Q2 subs adds well above expects but also pressured ARPU and Creative ARR was inline. Shares likely trade higher on the subs beat, but the mix shift away from full Suites also raises questions around long-term ARPU and customer LTV.” [ABSTRACT FROM PUBLISHER] |
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