Adobe Systems (ADBE) Tops Q3 EPS by 8c, Q4 Guidance Misses
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September 18, 2019 8:02 AM EDT
Griffin Securities analyst Jay Vleeschhouwer raised the price target on Adobe (NASDAQ: ADBE) to $317.00 (from $303.00) while maintaining a Buy rating.
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September 18, 2019 7:10 AM EDT
Canaccord Genuity analyst Richard Davis reiterated a Buy rating and $320.00 price target on Adobe (NASDAQ: ADBE) following the company's earnings call. Headline results were largely as expected. The surprise in the quarter was a below consensus guide for FQ4, which management attributed to the... More
September 18, 2019 7:03 AM EDT
Stephens analyst James Rutherford reiterated an Overweight rating and $327.00 price target on Adobe (NASDAQ: ADBE) following the company's 3Q earnings report. Adobe posted a revenue beat ($2.83 bil. vs. consensus at $2.81 bil.), and an EPS beat ($2.05 vs. consensus of $1.97).
Adobe gave revenue guidance of... More
