Adobe Systems (ADBE) FY18 EPS Guidance Tops Views

Adobe (ADBE) PT Raised to $185 at Canaccord Genuity; 'F18 Guidance Shows Profitability Upside'

Canaccord Genuity raised its price target on Adobe (NASDAQ: ADBE) to $185.00 (from $170.00) while maintaining a Buy rating, following the company Adobe Max creativity conference in Las Vegas, Nevada.

Analyst Richard Davis notes a positive outlook following the Adobe Max conference, as management offered new... More

Adobe (ADBE) PT Raised to $180 at Baird Following Analyst Day

Baird raised its price target on Adobe (NASDAQ: ADBE) to $180.00 (from $160.00) while maintaining a Outperform rating following the company's analyst day. Adobe used its analyst day to provide preliminary FY18E guidance that included revenue +20% yr-yr and EBIT margin of ~40%.

Announced price... More

Credit Suisse Starts Adobe (ADBE) at Outperform

Credit Suisse initiates coverage on Adobe (NASDAQ: ADBE) with a Outperform rating and a price target of $190.00 (from $170.00).

For an analyst ratings summary and ratings history on Adobe click here. For more ratings news on Adobe click here.

Shares of Adobe closed at $153.00 yesterday.

Adobe (ADBE) PT Raised to $177 at Citi

Citi raised its price target on Adobe (NASDAQ: ADBE) to $177.00 (from $163.00) while maintaining a Buy rating.

Adobe (ADBE) PT Raised to $170 at Evercore ISI

Evercore ISI raised its price target on Adobe (NASDAQ: ADBE) to $170.00 (from $160.00) while maintaining a Outperform rating.

Pivotal Research Upgrades Adobe (ADBE) to Hold

Pivotal Research upgraded Adobe (NASDAQ: ADBE) from Sell to Hold with a price target of $160.00 (from $118.00).

Analyst Brian Wieser likes the 2018 guidance trend in margins noting they are "strong" and comments the higher margin businesses are doing better than he expected and the... More

Adobe (ADBE) PT Raised to $175 at Stifel, Don't Panic All is Well

Stifel raised its price target on Adobe (NASDAQ: ADBE) to $175.00 (from $163.00) while maintaining a Buy rating.

Analyst Tom Roderick was encouraged to see the company provide historical context on the revenue split in Experience Cloud and highlight the businesses subscriber growth.

FY 2017... More

Adobe (ADBE) PT Raised to $195 at Piper Jaffray

Piper Jaffray raised its price target on Adobe (NASDAQ: ADBE) to $195.00 (from $180.00) while maintaining a Overweight rating.

Analyst Alex Zukin believes potential price increase could be a source of upside in 2018 and in out years.

FY 2018 EPS estimate rises from $5.02 to $5.50 and FY... More

Adobe (ADBE) PT Raised to $170 at JMP Securities

JMP Securities raised its price target on Adobe (NASDAQ: ADBE) to $170.00 (from $157.00) while maintaining a Market Outperform rating.

Analyst Patrick Walravens says conversations with partners and customer of ADBE yielded evidence of a strong, dominant position in the market with a loyal... More

Adobe (ADBE) PT Raised to $190 at Jefferies

Jefferies raised its price target on Adobe (NASDAQ: ADBE) to $190.00 (from $180.00) while maintaining a Buy rating.

Analyst Brent Thill likes the company positioning as the leading solutions provider to the shift into digital content coupled with high margins and strong cash flows.

FY... More

Adobe (ADBE) PT Raised to $185 at Canaccord Genuity

Canaccord Genuity raised its price target on Adobe (NASDAQ: ADBE) to $185.00 (from $170.00) while maintaining a Buy rating.

Analyst Richard Davis believes the company prospects continue to be strong and likes the reasonable valuation at 22x CY 2018 estimate FCF.

FY 2017 EPS estimate remains at... More

Adobe (ADBE) PT Raised to $181 at Barclays

Barclays raised its price target on Adobe (NASDAQ: ADBE) to $181.00 (from $167.00) while maintaining a Overweight rating.

Analyst Saket Kalia believes Creative guidance has upside from FX and price increases which coupled with reset expectations on the Experience Cloud makes the analyst incrementally more... More