Adobe (ADBE) Tops Q3 Estimates, After-Hours Move Lower in Shares Creates a Buying Opportunity Says Analyst

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Adobe (ADBE) PT Raised to $670 at Piper Sandler

September 22, 2021 9:33 AM EDT

Piper Sandler analyst Brent Bracelin raised the price target on Adobe (NASDAQ: ADBE) to $670.00 (from $600.00) while maintaining an Overweight rating.

The analyst commented, "The magnitude of Q2 upside and 43% corresponding jump in ADBE shares in the last six months... More

Adobe (ADBE) PT Raised to $760 at Jefferies

September 22, 2021 8:38 AM EDT

Jefferies analyst Brent Thill raised the price target on Adobe (NASDAQ: ADBE) to $760.00 (from $750.00) while maintaining a Buy rating following strong earnings.

The analyst commented, "FQ3 delivered a solid beat, though with a smaller upside than in F1H and smaller than what... More

Adobe (ADBE) PT Raised to $680 at Oppenheimer

September 22, 2021 5:03 AM EDT

Oppenheimer analyst Brian Schwartz raised the price target on Adobe (NASDAQ: ADBE) to $680.00 (from $600.00) while maintaining a Outperform rating.... More

Adobe (ADBE) PT Raised to $678 at Citi

September 22, 2021 5:01 AM EDT

Citi analyst Tyler Radke raised the price target on Adobe (NASDAQ: ADBE) to $678.00 (from $575.00) while maintaining a Neutral rating.... More

Adobe (ADBE) PT Raised to $750 at Stifel

September 22, 2021 4:09 AM EDT

Stifel analyst Parker Lane raised the price target on Adobe (NASDAQ: ADBE) to $750.00 (from $725.00) while maintaining a rating.... More

UPDATE: Goldman Sachs Raises Adobe (ADBE) PT to $765, Would Buy Weakness

September 22, 2021 2:39 AM EDT

(Updated - September 22, 2021 7:12 AM EDT)

Goldman Sachs analyst Kash Rangan raised the price target on Adobe (NASDAQ: ADBE) to $765.00 (from $735.00) after shares traded off 4% net new Digital Media ARR upside missed heightened expectations. The beat was 3% vs guidance which is much less than the 15% beat in 2Q21 and the 35% beat in... More