Adobe (ADBE) PT Raised to $163 at Stifel
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Price: $257.49 +2.45%
Rating Summary:
23 Buy, 30 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 20 | New: 23
Rating Summary:
23 Buy, 30 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 20 | New: 23
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Stifel raised its price target on Adobe (NASDAQ: ADBE) to $163.00 (from $150.00) while maintaining a Buy rating.
Analyst Tom Roderick likes the boost Creative and Marketing teams gave to ADBE for the Q2 beat.
He raises FY 2017 EPS estimate from $3.90 to $4.02 and raises FY 2018 EPS estimate from $4.88 to $5.00.
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