Adobe Systems (ADBE) Tops Q4 EPS by 2c, Q1 and FY EPS Guidance Misses

Go back to Adobe Systems (ADBE) Tops Q4 EPS by 2c, Q1 and FY EPS Guidance Misses

Adobe (ADBE) PT Raised to $315 at Jefferies Following 4Q Report

December 14, 2018 7:27 AM EST

Jefferies analyst Brent Thill raised the price target on Adobe (NASDAQ: ADBE) to $315.00 while maintaining a Buy rating following the company's 4Q earnings report. Revenue of $2.465Bn beat estimates of $2.435Bn (guide $2.42Bn) and included $21M from Marketo. EPS ex-Marketo was $1.90 beating estimates of... More