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

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 Systems (ADBE): Jefferies Raises PT To $205 Post FQ4 Beat

December 15, 2017 6:37 AM EST

Jefferies analyst, Brent Thill, reiterated his Buy rating on shares of Adobe (NASDAQ: ADBE) and raised his price target to $205 from $190 after Q4 revenue beat consensus by ~$50M, and FY18 net new Digital Media ARR guidance was raised by 10%. Digital Media revenue... More

Adobe Systems (ADBE): PT To $202 After Adobe Makes Outperforming Look Easy - Citi

December 15, 2017 6:30 AM EST

Citi analyst, Walter Pritchard, reiterated his Buy rating on shares of Adobe (NASDAQ: ADBE) and raised his price target to $202 after total revenue of $2.007B was ahead of Street consensus of $1.951B. Strength was broad with Digital Marketing revenue coming in at $573M,... More

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

December 14, 2017 4:06 PM EST

(Updated - December 14, 2017 4:18 PM EST)

Adobe Systems (NASDAQ: ADBE) reported Q4 EPS of $1.26, $0.10 better than the analyst estimate of $1.16. Revenue for the quarter came in at $2.01 billion versus the consensus estimate of $1.95 billion.

"Adobe delivered record revenue of $2 billion in Q4," said... More