Adobe Reports Record Revenue in Q2 Fiscal 2022
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Adobe (ADBE) PT Lowered to $500 at Jefferies
June 17, 2022 7:38 AM EDTJefferies analyst Brent Thill lowered the price target on Adobe (NASDAQ: ADBE) to $500.00 (from $550.00) while maintaining a Buy rating.
The analyst commented, "FQ2 delivered a small beat, and it reiterated FY22 net new DM ARR guide as it does not see... More
Adobe (ADBE) PT Lowered to $420 at BMO Capital
June 17, 2022 7:20 AM EDTBMO Capital analyst Keith Bachmann lowered the price target on Adobe (NASDAQ: ADBE) to $420.00 (from $450.00) while maintaining an Outperform rating following results.
The analyst commented, "Adobe had a very solid Q2 across the board, net of FX. Moreover, Adobe... More
Adobe (ADBE) PT Lowered to $450 at Baird
June 17, 2022 7:09 AM EDTBaird analyst Rob Oliver lowered the price target on Adobe (NASDAQ: ADBE) to $450.00 (from $550.00) while maintaining an Outperform rating following earnings.
... MoreAdobe (ADBE) PT Lowered to $520 at Cowen
June 17, 2022 6:17 AM EDTCowen analyst J. Derrick Wood lowered the price target on Adobe (NASDAQ: ADBE) to $520.00 (from $550.00) while maintaining a Outperform rating following earnings.
The analyst commented, "ADBE delivered a solid qtr w/ net new DM ARR beating guide by ~5.5%, while DX... More
Adobe Systems (ADBE) Tops Q2 EPS by 4c, Guidance Misses Consensus
June 16, 2022 4:06 PM EDTAdobe Systems (NASDAQ: ADBE) reported Q2 EPS of $3.35, $0.04 better than the analyst estimate of $3.31. Revenue for the quarter came in at $4.39 billion versus the consensus estimate of $4.34 billion.
GUIDANCE:
Adobe Systems sees Q3 2022 EPS of $3.33, versus the consensus of $3.40. Adobe... More
