Adobe Systems (ADBE) June weekly 462 straddle priced into quarter results
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Goldman Sachs Reiterates Buy Rating on Adobe (ADBE)
June 14, 2024 5:13 AM EDTGoldman Sachs analyst Kash Rangan reiterated a Buy rating and $640.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "We reiterate our Buy rating and $640 Price Target following ADBEs F2Q24 print. We believe results support our conviction that ADBEs continued innovation and execution will favorably position them against fundamental technological shifts (e.g. Gen-AI), and an increase in (perceived) competition. Additionally, ADBE remains one of few companies... More
DA Davidson Reiterates Buy Rating on Adobe (ADBE)
June 14, 2024 5:08 AM EDTDA Davidson analyst Gil Luria reiterated a Buy rating and $685.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "Adobe reported strong results with the primary driver of the positive stock movement being the net new digital media ARR beat and FY24 guidance raise.... More
