Adobe Systems (ADBE) Tops Q1 EPS by 36c, Offers Q2 and FY Guidance

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Go back to Adobe Systems (ADBE) Tops Q1 EPS by 36c, Offers Q2 and FY Guidance

Adobe (ADBE) PT Lowered to $535 at BMO Capital

March 24, 2021 7:09 AM EDT

BMO 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