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

DA Davidson: Pacwest Bancorp (NASDAQ:PACW) presents a buying opportunity with its price target cut to $29

D.A. Davidson analysts Gary Tenner and Clark Wright said the Silicon Valley bank bankruptcy is a buying opportunity for PacWest (NASDAQ:PACW) stock. “We think last week’s sell-off provides a more attractive buying point for investors, especially after the Fed’s announcement on Sunday of the launch of the Bank’s Term Financing Program (BTFP),” the analyst said. … Read more

DA Davidson: Lowered Affirm Holdings(Nasdaq:AFRM) price target to $20 Maintain Buy rating

D.A. Davidson analyst Christopher Brendler lowered Affirm Holdings(Nasdaq:AFRM) price target to $20 from $24, but maintained a buy rating on the stock. The analyst told investors in a research note that the company’s second-quarter results were disappointing overall, but remained bullish on Affirm’s pricing moves to improve its top-line trend in the second half of … Read more