Form 8-K ADOBE INC. For: Dec 16

Go back to Form 8-K ADOBE INC. For: Dec 16

Adobe (ADBE) PT Lowered to $650 at BMO Capital

December 17, 2021 7:18 AM EST

BMO Capital analyst Keith Bachmann lowered the price target on Adobe (NASDAQ: ADBE) to $650.00 (from $720.00) while maintaining an Outperform rating.

The analyst commented, "We view this as the first disappointing Adobe quarter in a very long time. Net new ARR was... More