Adobe surges as AI optimism fuels annual revenue forecast
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
Adobe (ADBE) PT Raised to $660 at Bernstein SocGen Group
June 17, 2024 5:52 AM EDTBernstein SocGen Group analyst Mark Moerdler raised the price target on Adobe (NASDAQ: ADBE) to $660.00 (from $653.00) while maintaining a Outperform rating.
The analyst comments "Adobe had a good quarter with beats on all major metrics, full-year guidance raises, and the stock subsequently up over 15% in the aftermarket. The... More
