Adobe Systems (ADBE) Tops Q2 EPS by 4c, Guidance Misses Consensus
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June 17, 2022 7:38 AM EDT
Jefferies 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
June 17, 2022 7:20 AM EDT
BMO 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
June 17, 2022 7:09 AM EDT
Baird analyst Rob Oliver lowered the price target on Adobe (NASDAQ: ADBE) to $450.00 (from $550.00) while maintaining an Outperform rating following earnings.
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June 17, 2022 6:17 AM EDT
Cowen 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
