Adobe Systems (ADBE) Tops Q1 EPS by 11c, Offers Guidance
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March 13, 2025 9:48 AM EDT
DA Davidson analyst Gil Luria lowered the price target on Adobe (NASDAQ: ADBE) to $600.00 (from $625.00) while maintaining a Buy rating.
The analyst comments "F1Q25 results were better than expected even and FY25 guide was reiterated may with positive trends and significant product... More
March 13, 2025 5:46 AM EDT
Evercore ISI analyst Kirk Materne lowered the price target on Adobe (NASDAQ: ADBE) to $550.00 (from $650.00) while maintaining a Outperform rating.
The analyst comments "Bottom line: Adobe delivered a solid start to FY25 though there wasnt much to shift the debate back into the bulls camp despite a fairly washed out valuation (~19x CY26 EPS). While Adobe is trying to shift investors away from DM NNARR as... More
March 13, 2025 4:42 AM EDT
Mizuho analyst Gregg Moskowitz lowered the price target on Adobe (NASDAQ: ADBE) to $575.00 (from $620.00) while maintaining a Outperform rating.
The analyst comments "ADBE reported a solid F1Q as Digital Media ARR growth of 12.6% Y/Y CC was modestly above consensus.... More
