Adobe to Acquire Magento Commerce
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Spain's ex-transport minister sentenced to 24 years for corruption
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
Stifel Remains Bullish on Adobe Systems (ADBE) Following Announced Acquisition Intentions for Magento
May 22, 2018 7:07 AM EDTStifel reiterated a Buy rating and $250.00 price target on Adobe (NASDAQ: ADBE) following the company's announced intention to acquire privately-held Magento Commerce for ~$1.68bn in cash from Permira.
The company's board also authorized an $8bn stock repurchase program. This sizable authorization... More
