Adobe Achieves Record Revenue
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Adobe (ADBE) PT Raised to $235 at Morgan Stanley Following 1Q
March 16, 2018 7:39 AM EDTMorgan Stanley raised its price target on Adobe (NASDAQ: ADBE) to $235.00 (from $193.00) while maintaining a Equalweight rating following the company's 1Q earnings report.
ADBE reported high single digit YoY growth in net new ARR thru most of FY17, 4Q17 rose to 26% YoY growth and... More
Adobe (ADBE) PT Raised to $255 at Cowen
March 16, 2018 6:27 AM EDTCowen raised its price target on Adobe (NASDAQ: ADBE) to $255.00 (from $220.00) while maintaining an Outperform rating following strong result.
Analyst J. Derrick Wood comments, "ADBE delivered a very solid ~$32 mln / $0.11 beat on 64% EPS growth. Digital Media remains the main upside driver... More
