Page 170 - Adbe News Today

Should Adobe Investors Feel 'Warm and Fuzzy' After Earnings?...ADBE

Adobe (NASDAQ:ADBE – Get Rating) had its price target cut by stock analysts at Wells Fargo & Company from $525.00 to $425.00 in a research note issued on Friday, Stock Target Advisor reports. The brokerage currently has an “overweight” rating on the software company’s stock. Wells Fargo & Company‘s price objective would suggest a potential […]

Adobe (NASDAQ:ADBE – Get Rating) had its price target decreased by equities researchers at Evercore ISI from $650.00 to $475.00 in a research note issued on Friday, The Fly reports. Evercore ISI’s price objective would suggest a potential upside of 37.68% from the company’s current price. A number of other analysts also recently issued reports […]

Adobe Inc. (NASDAQ:ADBE – Get Rating) gapped down before the market opened on Friday after Evercore ISI lowered their price target on the stock from $650.00 to $475.00. The stock had previously closed at $365.08, but opened at $350.69. Adobe shares last traded at $355.98, with a volume of 50,259 shares changing hands. ADBE has […]

How to Play Adobe Stock (ADBE) Ahead of Earnings...ADBE

Adobe (NASDAQ:ADBE – Get Rating) issued an update on its third quarter 2022 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $3.33-$3.33 for the period, compared to the consensus estimate of $3.40. The company issued revenue guidance of $4.43 billion-$4.43 billion, compared to the consensus revenue estimate of $4.51 […]

Adobe (NASDAQ:ADBE – Get Rating) updated its FY 2022 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $13.50-$13.50 for the period, compared to the consensus estimate of $13.66. The company issued revenue guidance of $17.65 billion-$17.65 billion, compared to the consensus revenue estimate of $17.85 billion. Adobe also updated its […]

Adobe (NASDAQ:ADBE – Get Rating) had its price target cut by stock analysts at Royal Bank of Canada from $600.00 to $500.00 in a report issued on Tuesday, The Fly reports. Royal Bank of Canada’s target price would indicate a potential upside of 34.54% from the company’s current price. Other equities research analysts also recently […]

Adobe (NASDAQ:ADBE – Get Rating) had its target price dropped by equities research analysts at BMO Capital Markets from $535.00 to $450.00 in a research report issued to clients and investors on Tuesday, The Fly reports. BMO Capital Markets’ price objective indicates a potential upside of 21.08% from the company’s previous close. ADBE has been […]

Adobe Inc. (NASDAQ:ADBE – Get Rating)’s share price reached a new 52-week low during mid-day trading on Tuesday after BMO Capital Markets lowered their price target on the stock from $535.00 to $450.00. The stock traded as low as $367.34 and last traded at $368.26, with a volume of 15234 shares changing hands. The stock […]