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June 24, 2023
BMO Capital Markets upgraded shares of Adobe (NASDAQ:ADBE – Get Rating) from a market perform rating to an outperform rating in a report issued on Wednesday morning, The Fly reports. The brokerage currently has $570.00 target price on the software company’s stock, up from their prior target price of $500.00. A number of other analysts […]
June 24, 2023
HB Wealth Management LLC increased its stake in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 14.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,811 shares of the software company’s stock after buying an additional 736 shares during the quarter. HB Wealth Management […]
June 24, 2023
Congress Wealth Management LLC DE increased its stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) by 3.2% in the 1st quarter, Holdings Channel reports. The firm owned 33,826 shares of the software company’s stock after purchasing an additional 1,047 shares during the period. Congress Wealth Management LLC DE’s holdings in Adobe were worth […]
June 24, 2023
Kessler Investment Group LLC grew its stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) by 3.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,163 shares of the software company’s stock after purchasing an additional 391 shares during the quarter. […]
June 23, 2023
Adobe Inc. (NASDAQ:ADBE – Get Rating) Director Amy Banse purchased 40 shares of the stock in a transaction that occurred on Wednesday, June 21st. The stock was bought at an average cost of $492.00 per share, with a total value of $19,680.00. Following the acquisition, the director now owns 40 shares of the company’s stock, […]
June 23, 2023
Adobe (NASDAQ:ADBE – Get Rating) had its price objective increased by Sanford C. Bernstein from $431.00 to $585.00 in a report published on Monday morning, The Fly reports. A number of other research firms have also recently weighed in on ADBE. Wolfe Research lowered their target price on shares of Adobe from $440.00 to $420.00 […]
June 23, 2023
Adobe (NASDAQ:ADBE – Get Rating) updated its third quarter 2023 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $3.95-$4.00 for the period, compared to the consensus estimate of $3.89. The company issued revenue guidance of $4.83 billion-$4.87 billion, compared to the consensus revenue estimate of $4.86 billion. Adobe also updated […]
June 23, 2023
Peoples Financial Services CORP. grew its position in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 10.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,154 shares of the software company’s stock after buying an additional 295 shares during the quarter. Peoples Financial Services […]
June 23, 2023
Addison Capital Co lessened its holdings in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 8.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 560 shares of the software company’s stock after selling 49 shares during the period. Addison Capital Co’s […]
June 22, 2023
Adobe (NASDAQ:ADBE – Get Rating) updated its FY 2023 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $15.65-$15.75 for the period, compared to the consensus estimate of $15.50. The company issued revenue guidance of $19.25 billion-$19.35 billion, compared to the consensus revenue estimate of $19.30 billion. Adobe also updated its […]