Adobe Systems (ADBE) Tops Q3 EPS by 4c; Announces Several Executive Changes
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Jefferies Raises Price target on Adobe Systems (ADBE) Following 3Q15
September 18, 2015 8:16 AM EDTJefferies reiterated a Buy rating on Adobe (NASDAQ: ADBE), and raised the price target to $92.00 (from $90.00), following the company's 3Q15 earnings results.
Analyst Brad Zelnick commented, "We reiterate our Buy rating and raise our PT to $92 from $90 following solid F3Q results. The... More
UBS Reiterates Buy on Adobe Systems (ADBE) Following 3Q15 Results
September 18, 2015 8:00 AM EDTUBS reiterated a Buy rating and $90.00 price target on Adobe (NASDAQ: ADBE) following the company's 3Q15 results. Revenues of $1,218M beat Street's $1,214M, and fell with in guidance of $1,175-1,225M. EPS of $0.54 beat consensus by 4c and guidance of $0.45-0.51.
Analyst Brent Thill commented, "FQ3 results beat broadly across, including a... More
