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Stock Analyst Update

Macromedia Sell-Off Is an Overreaction

The software company's stock looks like a great buy at its current price.

Mentioned:

Investors were punishing software company Macromedia (MACR) Friday but may be overreacting to analyst reports that second-quarter revenue growth was less than expected.

At Friday's price of about $70, the stock looks like a great buy for risk-tolerant investors.

Mark Sellers does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.