Adobe Reports Record Revenue in Q2 and Raises FY25 Revenue and EPS Targets
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Adobe (ADBE) PT Lowered to $480 at Stifel
June 13, 2025 5:27 AM EDTStifel analyst Parker Lane lowered the price target on Adobe (NASDAQ: ADBE) to $480.00 (from $525.00) while maintaining a Buy rating.
The analyst comments "Adobe shares jumped around post-print, but settled down 1.5%. We believe the primary sticking point for investors coming out of the... More
