Adobe Systems (ADBE) June weekly (14) option implied volatility into quarter results
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Evercore ISI Reiterates Outperform Rating on Adobe (ADBE)
June 14, 2024 5:24 AM EDTEvercore ISI analyst Kirk Materne reiterated an Outperform rating and $650.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "In our view, F2Q results help highlight the durability of Adobes Creative business and the early impact from Firefly (and Express) on CC NNARR. Clearly, the key for the quarter was... More
Goldman Sachs Reiterates Buy Rating on Adobe (ADBE)
June 14, 2024 5:13 AM EDTGoldman Sachs analyst Kash Rangan reiterated a Buy rating and $640.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "We reiterate our Buy rating and $640 Price Target following ADBEs F2Q24 print. We believe results support our conviction that ADBEs continued innovation and execution will favorably position them against fundamental technological shifts (e.g. Gen-AI), and an increase in (perceived) competition. Additionally, ADBE remains one of few companies... More
DA Davidson Reiterates Buy Rating on Adobe (ADBE)
June 14, 2024 5:08 AM EDTDA Davidson analyst Gil Luria reiterated a Buy rating and $685.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "Adobe reported strong results with the primary driver of the positive stock movement being the net new digital media ARR beat and FY24 guidance raise.... More
