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December 19, 2023
Early analyst calls on Tuesday included upgrades to two solar names and a pet stock getting a buy rating from Jefferies.
December 19, 2023
Northstar Advisory Group LLC acquired a new position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,078 shares of the software company’s stock, valued at approximately $550,000. Several other […]
December 19, 2023
Adobe (NASDAQ: ADBE) recently reported its quarterly results that continued to outpace market expectations. However, a lesser optimistic outlook for the coming year sent the stock falling 6% in the after-hours trading session. Adobe's Financials Adobe's fourth quarter revenues grew 12% to $5.05 billion, ahead of the market's estimates of $5.03 billion. Adjusted EPS of $4.27 also beat analyst estimates of $4.14. By segment, revenues from the Digital Media segment grew 13% to $3.72 ...
December 19, 2023
Operator: Good day, and welcome to the Q4 and FY 2023 Adobe Earnings Conference Call. Todays conference is being recorded.
December 19, 2023
Mount Yale Investment Advisors LLC increased its stake in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 18.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,861 shares of the software company’s stock after buying an additional 588 shares during the period. Mount Yale […]
December 19, 2023
Park Edge Advisors LLC cut its position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 18.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 958 shares of the software company’s stock after selling 221 shares during the period. Park […]
December 19, 2023
Schaper Benz & Wise Investment Counsel Inc. WI lessened its stake in Adobe Inc. (NASDAQ:ADBE – Free Report) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,793 shares of the software company’s stock after selling 457 shares during […]
December 19, 2023
Kentucky Retirement Systems purchased a new position in Adobe Inc. (NASDAQ:ADBE – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 37,509 shares of the software company’s stock, valued at approximately $19,126,000. Adobe makes up 0.7% of Kentucky Retirement Systems’ portfolio, making the […]
December 19, 2023
Schaper Benz & Wise Investment Counsel Inc. WI lessened its holdings in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 0.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 69,793 shares of the software company’s stock after selling 457 […]
December 18, 2023
Piper Sandler reaffirmed their overweight rating on shares of Adobe (NASDAQ:ADBE – Free Report) in a research report report published on Thursday, Benzinga reports. They currently have a $650.00 target price on the software company’s stock. A number of other research analysts have also issued reports on the company. Bank of America boosted their target […]