Adobe (ADBE) volatility elevated into Q3 results and revenue outlook

Adobe (Nasdaq: ADBE) is expected to release Q3 results after the close today. Goldman Sachs has a $24 price target on the company. October put option implied volatility is at 49, November is at 47; above its six-month average of 36 according to Track Data.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Adobe (ADBE) PT Raised to $255 at UBS Following Q3 Results
• Stifel Reiterates Hold Rating on Adobe (ADBE) on 'Muted' Near-Term Upside Potential
• Adobe (ADBE) PT Raised to $270 at Wells Fargo