Adobe Announces Changes to Executive Leadership Team

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Adobe (ADBE) PT Lowered to $685 at Mizuho Securities

December 17, 2021 7:08 AM EST

Mizuho Securities analyst Gregg Moskowitz lowered the price target on Adobe (NASDAQ: ADBE) to $685.00 (from $695.00) while maintaining a Buy rating following results.

The analyst commented, "F4Q earnings largely disappointed. Organic net new ARR (excluding Frame.io) was presumably slightly below guided levels,... More