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Adobe (NASDAQ:ADBE – Get Rating) had its price objective hoisted by Citigroup from $365.00 to $462.00 in a report released on Friday morning, The Fly reports. Other equities research analysts also recently issued reports about the stock. Piper Sandler increased their price target on shares of Adobe from $415.00 to $500.00 in a report on […]
Point72 Asset Management L.P. grew its position in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 482.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 251,800 shares of the software company’s stock after purchasing an additional 208,600 shares during the quarter. Point72 Asset Management […]
Harris Associates L P acquired a new position in Adobe Inc. (NASDAQ:ADBE – Get Rating) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 577,517 shares of the software company’s stock, valued at approximately $194,352,000. Harris Associates L P owned approximately 0.13% […]
Adobe Inc. (NASDAQ:ADBE – Get Rating) saw unusually-high trading volume on Tuesday after JPMorgan Chase & Co. raised their price target on the stock from $380.00 to $450.00. Approximately 1,286,947 shares changed hands during mid-day trading, a decline of 60% from the previous session’s volume of 3,180,057 shares.The stock last traded at $480.42 and had […]
Kovack Advisors Inc. decreased its stake in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 16.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,250 shares of the software company’s stock after selling 817 shares during the period. Kovack Advisors Inc.’s holdings in Adobe were worth $1,430,000 as of its most recent SEC filing. […]