Adobe Stock Dips on Slashed Guidance, Citi Says Outlook Could Disappoint Again
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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 $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
Adobe (ADBE) PT Lowered to $445 at Barclays
June 17, 2022 5:18 AM EDTBarclays analyst Saket Kalia lowered the price target on Adobe (NASDAQ: ADBE) to $445.00 (from $530.00) while maintaining a Overweight rating.... More
Adobe (ADBE) PT Lowered to $425 at Credit Suisse
June 17, 2022 5:06 AM EDTCredit Suisse analyst Phil Winslow lowered the price target on Adobe (NASDAQ: ADBE) to $425.00 (from $525.00) while maintaining a Neutral rating.... More
Adobe (ADBE) PT Lowered to $500 at Stifel
June 17, 2022 3:26 AM EDTStifel analyst Parker Lane lowered the price target on Adobe (NASDAQ: ADBE) to $500.00 (from $600.00) while maintaining a Buy rating.... More
