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June 18, 2023
Adobe (NASDAQ:ADBE – Get Rating) had its price target increased by equities research analysts at Piper Jaffray Companies from $500.00 to $572.00 in a research report issued to clients and investors on Friday, Stock Target Advisor reports. The brokerage currently has an “overweight” rating on the software company’s stock. Piper Jaffray Companies’ target price would […]
June 18, 2023
Veracity Capital LLC lowered its stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) by 2.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,155 shares of the software company’s stock after selling 27 shares during the quarter. Veracity Capital […]
June 17, 2023
Rebalance LLC purchased a new stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 240 shares of the software company’s stock, valued at approximately $81,000. Several other institutional investors also recently bought and sold […]
June 16, 2023
Adobe (NASDAQ:ADBE – Get Rating) updated its third quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $3.95-4.00 for the period, compared to the consensus estimate of $3.88. The company issued revenue guidance of $4.83-4.87 billion, compared to the consensus revenue estimate of $4.86 billion. Adobe also updated its FY23 […]
June 16, 2023
Adobe (NASDAQ:ADBE – Get Rating) issued an update on its FY23 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $15.65-15.75 for the period, compared to the consensus estimate of $15.49. The company issued revenue guidance of $19250-19350, compared to the consensus revenue estimate of $19.30 billion. Adobe also updated […]
June 16, 2023
Talbot Financial LLC bought a new position in Adobe Inc. (NASDAQ:ADBE – Get Rating) during the fourth quarter, HoldingsChannel.com reports. The fund bought 45,856 shares of the software company’s stock, valued at approximately $15,432,000. Adobe accounts for 3.2% of Talbot Financial LLC’s portfolio, making the stock its 7th biggest position. Other institutional investors and hedge […]
June 16, 2023
FWL Investment Management LLC acquired a new stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 240 shares of the software company’s stock, valued at approximately $81,000. Other large investors also recently modified […]
June 16, 2023
Adobe (NASDAQ:ADBE – Get Rating) updated its FY23 earnings guidance on Thursday. The company provided earnings per share guidance of $15.65-15.75 for the period, compared to the consensus earnings per share estimate of $15.49. The company issued revenue guidance of $19250-19350, compared to the consensus revenue estimate of $19.30 billion. Adobe also updated its Q3 […]
June 16, 2023
Adobe (NASDAQ:ADBE – Get Rating) posted its earnings results on Thursday. The software company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $0.12, MarketWatch Earnings reports. The firm had revenue of $4.82 billion during the quarter, compared to analyst estimates of $4.77 billion. Adobe had a net […]
June 16, 2023
Adobe (NASDAQ:ADBE – Get Rating) posted its earnings results on Thursday. The software company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $0.12, MarketWatch Earnings reports. The firm had revenue of $4.82 billion during the quarter, compared to analyst estimates of $4.77 billion. Adobe had a net […]