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Are Adobe (ADBE) shares bottoming or is there more downside risk?...ADBE

Adobe (NASDAQ:ADBE – Get Rating) had its price target lowered by stock analysts at Cowen from $600.00 to $550.00 in a report issued on Thursday, Stock Target Advisor reports. The brokerage currently has an “outperform” rating on the software company’s stock. Cowen’s price objective would indicate a potential upside of 26.36% from the company’s previous […]

Adobe Inc. (NASDAQ:ADBE – Get Rating) has earned an average recommendation of “Buy” from the twenty-eight research firms that are currently covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation and eighteen have given a buy recommendation to the company. The average 1-year price target among analysts that […]

Adobe Inc. (NASDAQ:ADBE – Get Rating) – Research analysts at Jefferies Financial Group cut their FY2022 EPS estimates for shares of Adobe in a note issued to investors on Sunday, May 22nd. Jefferies Financial Group analyst B. Thill now anticipates that the software company will post earnings of $10.65 per share for the year, down […]

Adobe Inc. (NASDAQ:ADBE – Get Rating) – Investment analysts at Jefferies Financial Group cut their Q3 2022 earnings per share (EPS) estimates for Adobe in a report issued on Sunday, May 22nd. Jefferies Financial Group analyst B. Thill now forecasts that the software company will post earnings per share of $2.54 for the quarter, down […]

Adobe (NASDAQ:ADBE – Get Rating) had its price target reduced by equities research analysts at Jefferies Financial Group from $570.00 to $550.00 in a research report issued to clients and investors on Monday, The Fly reports. Jefferies Financial Group’s price objective would suggest a potential upside of 37.81% from the company’s previous close. ADBE has […]

StockNews.com lowered shares of Adobe (NASDAQ:ADBE – Get Rating) from a buy rating to a hold rating in a research note published on Friday. A number of other research analysts have also weighed in on ADBE. Evercore ISI began coverage on Adobe in a report on Wednesday, March 23rd. They set a buy rating and […]

Wall Street brokerages expect that Adobe Inc. (NASDAQ:ADBE – Get Rating) will report earnings per share of $3.30 for the current fiscal quarter, Zacks reports. Eight analysts have issued estimates for Adobe’s earnings, with estimates ranging from $3.29 to $3.32. Adobe reported earnings per share of $3.03 in the same quarter last year, which would […]

Adobe Inc. (NASDAQ:ADBE – Get Rating) Director John E. Warnock sold 615 shares of the company’s stock in a transaction dated Thursday, April 14th. The shares were sold at an average price of $432.03, for a total transaction of $265,698.45. Following the sale, the director now owns 410,165 shares in the company, valued at $177,203,584.95. […]

Exane BNP Paribas assumed coverage on shares of Adobe (NASDAQ:ADBE – Get Rating) in a report published on Tuesday, The Fly reports. The brokerage issued an outperform rating and a $570.00 price objective on the software company’s stock. A number of other research analysts also recently weighed in on ADBE. Royal Bank of Canada dropped […]