Adobe Systems (ADBE) Tops Q4 EPS by 10c, Q1 EPS Guidance Tops Views

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Adobe (ADBE) PT Raised to $165 at Wells Fargo Following Q4 Results

December 15, 2017 8:36 AM EST

Wells Fargo raised its price target on Adobe (NASDAQ: ADBE) to $165.00 (from $145.00) while maintaining a Market Perform rating.

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BofA/Merrill Lynch Remains Bullish on Adobe Systems (ADBE) Following 4Q Beat

December 15, 2017 7:55 AM EST

BofA/Merrill Lynch reiterated a Buy rating and $220.00 price target on Adobe Systems (NASDAQ: ADBE) following the company's 4Q earnings report. ADBE printed a strong beat (sales +2.1%, EPS +7.5% vs Street), guided FQ1:18E revs/EPS slightly better than Street (revs... More

Adobe (ADBE) PT Raised to $200 at Stephens Following Q4 Earnings Report

December 15, 2017 7:15 AM EST

Stephens raised its price target on Adobe (NASDAQ: ADBE) to $200.00 (from $176.00) while maintaining a Overweight rating.

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Adobe (ADBE) PT Raised to $202 at Citi

December 15, 2017 6:26 AM EST

Citi raised its price target on Adobe (NASDAQ: ADBE) to $202.00 (from $177.00) while maintaining a Buy rating.

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Adobe (ADBE) PT Raised to $205 at Cowen

December 15, 2017 6:15 AM EST

Cowen analyst J. Derrick Wood raised his price target on Adobe (NASDAQ: ADBE) to $205.00 (from $200.00) while maintaining a Outperform rating following a very solid ~$50 million / $0.10 beat.

Wood notes Digital Media remains the main upside driver with no let up in the growth... More

Adobe (ADBE) PT Raised to $193 at Barclays Following Q4 Earnings Report

December 15, 2017 4:14 AM EST

Barclays raised its price target on Adobe (NASDAQ: ADBE) to $193.00 (from $181.00) while maintaining a Overweight rating.

Analyst Saket Kalia is incrementally more positive on the company for the following three reasons:

$100M increase to Digital Media ARR is largely from... More

Adobe (ADBE ) PT Raised to $220 at KeyBanc Following Q4 Earnings Report

December 15, 2017 2:39 AM EST

KeyBanc raised its price target on Adobe (NASDAQ: ADBE ) to $220.00 (from $216.00) while maintaining a Overweight rating.

Analyst Brent Bracelin was impressed with the 40.2% operating margin which he notes is the highest since 2008 and expects FCF to grow north of 20% annually and could reach $1.10 per share within the next three years.

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Adobe (ADBE) PT Raised to $210 at JMP Securities Following Q4 Earnings Report

December 15, 2017 2:27 AM EST

JMP Securities raised its price target on Adobe (NASDAQ: ADBE) to $210.00 (from $170.00) while maintaining a Market Outperform rating.

Analyst Pat Walravens liked the strong Q4 report and was pleased to see an improvement in sales execution in the Experience Cloud following the miss from Q3.

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