Adobe Outlines Growth Strategy at Adobe MAX

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Adobe (ADBE) PT Raised to $180 at Baird Following Analyst Day

October 19, 2017 8:57 AM EDT

Baird raised its price target on Adobe (NASDAQ: ADBE) to $180.00 (from $160.00) while maintaining a Outperform rating following the company's analyst day. Adobe used its analyst day to provide preliminary FY18E guidance that included revenue +20% yr-yr and EBIT margin of ~40%.

Announced price... More

Adobe (ADBE) PT Raised to $213 at BofA/Merrill Lynch

October 19, 2017 8:10 AM EDT

BofA/Merrill Lynch raised its price target on Adobe (NASDAQ: ADBE) to $213.00 (from $184.00) while maintaining a Buy rating.

Analyst Kash Rangan expects the company to see 20% growth on the back of new products, ARPU tailwinds, a plethora of cross selling and upselling opportunities... More