Adobe Systems (ADBE) Shares Down 4% on Guidance Miss
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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 $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
