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June 15, 2023
Adobe (NASDAQ:ADBE – Get Rating) issued an update on its FY23 earnings guidance on Thursday morning. The company provided EPS guidance of $15.65-15.75 for the period, compared to the consensus EPS 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 14, 2023
Adobe (NASDAQ:ADBE – Get Rating) had its price target lifted by analysts at Evercore ISI from $425.00 to $475.00 in a report released on Monday, The Fly reports. Evercore ISI’s price objective suggests a potential downside of 0.83% from the stock’s previous close. A number of other equities research analysts also recently issued reports on […]
June 14, 2023
Financial Partners Group Inc purchased a new stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 2,518 shares of the software company’s stock, valued at approximately $944,000. Several other institutional investors and hedge funds have also recently modified their holdings of ADBE. Arcus […]
June 14, 2023
Gilder Gagnon Howe & Co. LLC lessened its holdings in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) by 5.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,212 shares of the software company’s stock after selling 3,267 shares during […]
June 12, 2023
American depositary receipts of NIO rise, Nasdaq tumbles after announcing an acquisition of software company Adenza, and Carnival trades higher as Wall Street upgrades the stock.
June 12, 2023
The Federal Reserve is expected to pause interest-rate increases. Plus, May CPI inflation is expected to slow. And we’ll see earnings reports from Oracle, Adobe, Lennar, and Kroger.
June 12, 2023
Adobe (NASDAQ:ADBE – Get Rating) had its price objective increased by Royal Bank of Canada from $415.00 to $460.00 in a report issued on Thursday, The Fly reports. Other equities analysts also recently issued research reports about the stock. UBS Group upped their price objective on shares of Adobe from $350.00 to $400.00 and gave […]
June 11, 2023
Adobe (NASDAQ:ADBE – Get Rating) had its target price increased by Deutsche Bank Aktiengesellschaft from $430.00 to $500.00 in a research report sent to investors on Thursday, The Fly reports. Several other analysts also recently weighed in on the company. Piper Sandler boosted their price target on Adobe from $415.00 to $500.00 in a research […]
June 9, 2023
Siemens Fonds Invest GmbH decreased its holdings in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,636 shares of the software company’s stock after selling 167 shares during the quarter. Siemens […]
June 9, 2023
Official statistics on the oil market from official bodies like OPEC and the Energy Information Administration may not reveal actual supply-and-demand dynamics. That creates a serious problem for investors.