Credit Suisse Group Increases Adobe (NASDAQ:ADBE) Price Target to $350.00
Credit Suisse Group Increases Adobe (NASDAQ:ADBE) Price Target to $350.00 from $325.00 with a “neutral” rating.
ADBE
DA Davidson maintains Adobe’s (NASDAQ:ADBE) neutral rating and $350 price target
DA Davidson analyst Gil Luria maintains a neutral rating on Adobe (NASDAQ:ADBE) and a $350 price target. The analyst told investors in a research note that the company is ready for slower growth in the software market in 2023 and that the acquisition of Figma represents a good strategic fit; Despite the limited upside in … Read more
Morgan Stanley Raises Adobe(NASDAQ:ADBE) price target to $385 From $382
Morgan Stanley Raises Adobe(NASDAQ:ADBE) price target to $385 From $382 as Fiscal Q1 Results Were Driven by Strong Demand, Maintains Equal Weight Rating
Mizuho: Raised Adobe (NASDAQ:ADBE) price target to $375 from $370
Mizuho: Raised Adobe (NASDAQ:ADBE) price target to $375 from $370.
Bank of Montreal: raised Adobe (NASDAQ:ADBE) target price from $395 to $400.
Bank of Montreal: raised Adobe (NASDAQ:ADBE) target price from $395 to $400.
Adobe (NASDAQ:ADBE) Issues Q2 2023 Earnings Guidance
The company provided EPS guidance of $3.75-$3.80 for the period, compared to the consensus EPS estimate of $3.76. The company issued revenue guidance of $4.75 billion-$4.78 billion, compared to the consensus revenue estimate of $4.76 billion. Adobe also updated its FY 2023 guidance to $15.30-$15.60 EPS.
JPMorgan Adjusts Price Target on Adobe(NASDAQ:ADBE) to $380 From $365
JPMorgan Adjusts Price Target on Adobe(NASDAQ:ADBE) to $380 From $365, Maintains Neutral Rating
Wells Fargo Maintains Equal-Weight on Adobe (NASDAQ:ADBE) , Raises Price Target to $360
Wells Fargo analyst Michael Turrin maintains Adobe (NASDAQ:ADBE) with a Equal-Weight and raises the price target from $350 to $360.
Adobe(NASDAQ:ADBE) Q1 2023 sales of $4.66 billion , up 9% year-over-year
March 15, 2023 — Adobe(NASDAQ:ADBE) today reported financial results for its first quarter fiscal year 2023 ended March 3, 2023. Adobe(NASDAQ:ADBE) Guides For Q2 EPS of $3.75-$3.80 on Revenue of $4.75-$4.78 Billion, vs CIQ Analyst Consensus of $3.76/Share on Revenue of $4.76 Billion. Adobe (NASDAQ:ADBE) reported quarterly earnings of $3.80 per share which beat the … Read more
Adobe(NASDAQ:ADBE): block Adobe from acquiring Figma for $20 billion
Adobe(NASDAQ:ADBE): The U.S. Department of Justice is preparing a lawsuit to block Adobe from acquiring Figma for $20 billion.