Adobe Systems (ADBE) Tops Q2 EPS by 4c, Guidance Misses Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/28/2026
- Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run
- Oil settles up 2% after Trump rejects return to Iran ceasefire deal terms
- Could SpaceX's orbital compute avoid the political headwinds facing data centers?
- Could Meta's teen settlement be less painful than feared? Citi weighs in
- First Financial to acquire Hickory Point Bank in $111.3M deal
- Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Affirm Holdings (AFRM) Tops Q4 EPS by $3.77, Beats on Revenue
- Ovintiv adds 41,000 acres in Permian and Montney deals
- Russia says it could strike UK military targets in response to Kyiv's use of British missiles
Adobe (ADBE) PT Lowered to $500 at Jefferies
June 17, 2022 7:38 AM EDTJefferies analyst Brent Thill lowered the price target on Adobe (NASDAQ: ADBE) to $500.00 (from $550.00) while maintaining a Buy rating.
The analyst commented, "FQ2 delivered a small beat, and it reiterated FY22 net new DM ARR guide as it does not see... More
Adobe (ADBE) PT Lowered to $420 at BMO Capital
June 17, 2022 7:20 AM EDTBMO Capital analyst Keith Bachmann lowered the price target on Adobe (NASDAQ: ADBE) to $420.00 (from $450.00) while maintaining an Outperform rating following results.
The analyst commented, "Adobe had a very solid Q2 across the board, net of FX. Moreover, Adobe... More
Adobe (ADBE) PT Lowered to $450 at Baird
June 17, 2022 7:09 AM EDTBaird analyst Rob Oliver lowered the price target on Adobe (NASDAQ: ADBE) to $450.00 (from $550.00) while maintaining an Outperform rating following earnings.
... MoreAdobe (ADBE) PT Lowered to $520 at Cowen
June 17, 2022 6:17 AM EDTCowen analyst J. Derrick Wood lowered the price target on Adobe (NASDAQ: ADBE) to $520.00 (from $550.00) while maintaining a Outperform rating following earnings.
The analyst commented, "ADBE delivered a solid qtr w/ net new DM ARR beating guide by ~5.5%, while DX... More
