CNET News.com reports that Gene Munster of investment bank USB Piper Jaffrey upgraded his rating on Adobe from “outperform” to “strong buy,” based on expectations that Adobe will deliver a new version of Photoshop within the next four months. “Over the last several days, we have spoken with six Photoshop certified trainers regarding timing of the Photoshop 8.0…release,” Munster wrote. “All six of the trainers we have spoken with expect shipment between November and December. We believe the product will ship late in Adobe’s (fourth quarter).” Munster also expects new versions of Illustrator and InDesign this year.
