Page 173 - Adbe News Today

Investment analysts at Evercore ISI initiated coverage on shares of Adobe (NASDAQ:ADBE – Get Rating) in a research report issued to clients and investors on Wednesday, TipRanks reports. The firm set a “buy” rating and a $650.00 price target on the software company’s stock. Evercore ISI’s price objective indicates a potential upside of 50.41% from […]

Adobe (NASDAQ:ADBE – Get Rating) had its target price reduced by stock analysts at JPMorgan Chase & Co. from $645.00 to $540.00 in a research note issued to investors on Wednesday, The Fly reports. JPMorgan Chase & Co.‘s price target suggests a potential upside of 24.96% from the company’s previous close. ADBE has been the […]

Convergence Investment Partners LLC decreased its position in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 47.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 814 shares of the software company’s stock after selling 749 shares during the quarter. […]

Adobe (NASDAQ:ADBE – Get Rating) posted its earnings results on Tuesday. The software company reported $3.37 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.03, MarketWatch Earnings reports. The firm had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $4.24 billion. Adobe had a return on […]

Crescent Grove Advisors LLC raised its stake in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 11.3% during the fourth quarter, Holdings Channel reports. The firm owned 846 shares of the software company’s stock after purchasing an additional 86 shares during the period. Crescent Grove Advisors LLC’s holdings in Adobe were worth $480,000 at the end […]

Adobe (NASDAQ:ADBE – Get Rating) issued an update on its second quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $3.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.35. The company issued revenue guidance of $4.34 billion, compared to the consensus revenue estimate of $4.40 billion.Adobe also […]

Adobe (NASDAQ:ADBE – Get Rating) had its price target dropped by research analysts at The Goldman Sachs Group from $710.00 to $605.00 in a report released on Thursday, MarketBeat reports. The firm currently has a “buy” rating on the software company’s stock. The Goldman Sachs Group’s price objective would suggest a potential upside of 41.88% […]

Adobe (NASDAQ:ADBE – Get Rating) had its price target lowered by Oppenheimer from $660.00 to $560.00 in a research report sent to investors on Wednesday, The Fly reports. The brokerage currently has an outperform rating on the software company’s stock. ADBE has been the subject of a number of other reports. Wells Fargo & Company […]

Adobe Inc. (NASDAQ:ADBE – Get Rating) has been assigned a consensus rating of “Buy” from the twenty-six ratings firms that are presently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The average 12-month price target among brokers […]

Adobe (NASDAQ:ADBE – Get Rating) had its target price reduced by analysts at Royal Bank of Canada from $650.00 to $600.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has an “outperform” rating on the software company’s stock. Royal Bank of Canada’s target price suggests a potential upside of 28.63% […]