Adobe Surpasses $11 Billion in Annual Revenue
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Adobe (ADBE) PT Raised to $315 at Cowen
December 13, 2019 6:35 AM ESTCowen analyst J. Derrick Wood raised the price target on Adobe (NASDAQ: ADBE) to $315.00 (from $305.00) while maintaining a Market Perform rating following results.
The analyst commented, "ADBE reported a solid 4Q with a sizable Digital Media ARR beat driven by strong seasonality,... More
Adobe Systems (ADBE) Tops Q4 EPS by 3c, Offers Q1 and FY Guidance
December 12, 2019 4:07 PM ESTAdobe Systems (NASDAQ: ADBE) reported Q4 EPS of $2.29, $0.03 better than the analyst estimate of $2.26. Revenue for the quarter came in at $2.99 billion versus the consensus estimate of $2.97 billion.
GUIDANCE:
Adobe Systems sees FY2020 EPS of $9.75, versus the consensus of $9.76. Adobe Systems sees FY2020 revenue of $13.15 billion, versus the consensus of... More
