Adobe (ADBE) PT Raised to $315 at BMO Capital

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Stephens Upgrades Adobe (ADBE) to Overweight

June 19, 2019 7:08 AM EDT

Stephens analyst James Rutherford upgraded Adobe (NASDAQ: ADBE) from Equal Weight to Overweight with a price target of $327.00 (from $288.00).

The analyst comments "There are three main reasons for our upgrade. First, we believe the strong showing in Digital Media will help quiet... More

Adobe (ADBE) PT Raised to $275 at Wells Fargo

June 19, 2019 6:54 AM EDT

Wells Fargo raised its price target on Adobe (NASDAQ: ADBE) to $275.00 (from $250.00) while maintaining a Market Perform rating.

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Adobe (ADBE) PT Raised to $290 at Wedbush

June 19, 2019 6:40 AM EDT

Wedbush analyst Daniel Ives raised the price target on Adobe (NASDAQ: ADBE) to $290.00 (from $270.00) while maintaining a Neutral rating.

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Adobe (ADBE) PT Raised to $320 at Canaccord Genuity

June 19, 2019 6:36 AM EDT

Canaccord Genuity analyst Richard Davis raised the price target on Adobe (NASDAQ: ADBE) to $320.00 (from $300.00) while maintaining a Buy rating.

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Adobe (ADBE) PT Raised to $295 at RBC Capital

June 19, 2019 6:36 AM EDT

RBC Capital analyst Ross MacMillan raised the price target on Adobe (NASDAQ: ADBE) to $295.00 (from $290.00) while maintaining a Outperform rating following results.

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Adobe (ADBE) PT Raised to $335 at Citi

June 19, 2019 6:31 AM EDT

Citi analyst Walter Pritchard raised the price target on Adobe (NASDAQ: ADBE) to $335.00 (from $299.00) while maintaining a Buy rating.

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Adobe (ADBE) PT Raised to $330 at UBS

June 19, 2019 6:12 AM EDT

UBS analyst Jennifer Swanson Lowe raised the price target on Adobe (NASDAQ: ADBE) to $330.00 (from $310.00) while maintaining a Buy rating.

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Adobe (ADBE) Beats But Guides Down, PT Still Raised to $323 at BofA

June 19, 2019 6:07 AM EDT

BofA/Merrill Lynch analyst Kash Rangan raised the price target on Adobe (NASDAQ: ADBE) to $323.00 (from $312.00) after the company reported strong FQ2 results with Revs/EPS beating the Street consensus by 1.5%/2.7% (+5c). The stock was up +4% after hours despite a weaker FQ3 rev/EPS/DM ARR guide, which given the larger creative business and larger marketing cloud... More

Adobe Systems (ADBE) Tops Q2 EPS by 5c, Q3 EPS Guidance Comes in Light

June 18, 2019 4:06 PM EDT

Adobe Systems (NASDAQ: ADBE) reported Q2 EPS of $1.83, $0.05 better than the analyst estimate of $1.78. Revenue for the quarter came in at $2.74 billion versus the consensus estimate of $2.7 billion.

GUIDANCE:

Adobe Systems sees Q3 2019 EPS of $1.95, versus the consensus of $2.05. Adobe... More