Adobe Systems (ADBE) Tops Q2 EPS by 3c; Trims FY15 Revenue Outlook on FX Impact
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June 17, 2015 10:34 AM EDT
Rosenblatt reiterates a Buy rating and $90 price target on Adobe (NASDAQ: ADBE) following F2Q15 results. Analyst Kirk Adams says that ADBE reported strong numbers, and raised their outlook for the fiscal year. However, the numbers are being weighed down by the strength of the... More
June 17, 2015 7:57 AM EDT
Jefferies reiterates a Buy rating and $90 price target on Adobe (NASDAQ: ADBE) following F2Q results. Analyst Brad Zelnick says that ADBE exceeded expectations on creative units. FY15 revenue guidance was lowered by $80m to $4.845bn.
Zelnick commented, "We reiterate our Buy... More
June 17, 2015 7:25 AM EDT
Cantor Fitzgerald reiterates a Buy rating and $100 price target on Shutterstock (NYSE: SSTK) following Adobe's (NASDAQ: ADBE) stock photo launch. Analyst Youssef Squali says that risks from the launch look overblown.
Youssef commented, "We find... More
