Adobe Systems (ADBE) Reports In-Line Q4 EPS, Q1 and FY22 Guidance Misses
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Adobe (ADBE) PT Lowered to $650 at BMO Capital
December 17, 2021 7:18 AM ESTBMO 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
Adobe (ADBE) PT Lowered to $685 at Mizuho Securities
December 17, 2021 7:08 AM ESTMizuho 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
