S&P 500 turns positive for 2016 as recession fears fade
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
UBS Raises Price Target on Adobe Systems (ADBE) Following Strong 1Q Results
March 18, 2016 8:52 AM EDTUBS reiterated a Buy rating on Adobe Systems (NASDAQ: ADBE), and raised the price target to $114.00 (from $105.00), following the company's 1Q earnings report. ADBE reported revenues of $1,383M, ahead of the Street's estimate of $1,336M, as well as guidance of $1,300-1,350M. EPS of $0.66 also beat the consensus estimates at... More
