Adobe (ADBE) volatility increases into Q4 results and top-line growth outlook

Adobe (Nasdaq: ADBE) is scheduled to release Q4 results on December 15. ThinkEquity maintains a Hold rating and $27 price target on ADBE. December call option implied volatility is at 94, January is at 41; compared to its 26-week average of 39 according to Track Data, suggesting larger near term price movement.

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