Adobe Raises Annual Targets on Strong Q1 Results
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Adobe (ADBE) PT Lowered to $535 at BMO Capital
March 24, 2021 7:09 AM EDTBMO Capital analyst Keith Bachmann lowered the price target on Adobe (NASDAQ: ADBE) to $535.00 (from $570.00) while maintaining a Outperform rating following the company's earnings report. Though Adobe delivered upside to all metrics, a closer look at the underlying trends reveals less growth. Given Adobes... More
Adobe Systems (ADBE) Tops Q1 EPS by 36c, Offers Q2 and FY Guidance
March 23, 2021 4:07 PM EDTAdobe Systems (NASDAQ: ADBE) reported Q1 EPS of $3.14, $0.36 better than the analyst estimate of $2.78. Revenue for the quarter came in at $3.91 billion versus the consensus estimate of $3.76 billion.
GUIDANCE:
Adobe Systems sees Q2 2021 EPS of $2.81, versus the consensus of $2.70. Adobe... More
