Adobe Systems (ADBE) September 13 weekly option implied volatility above 100 into the expected release of quarter results
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Evercore ISI on Adobe (ADBE): 'F3Q results were actually quite strong'
September 12, 2024 4:41 PM EDTEvercore ISI analyst Kirk Materne reiterated an Outperform rating and $650.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "Bottom line: F3Q results were actually quite strong, with NNARR beating by ~$45mn, again towards that higher $40-50mn beat... More
JPMorgan Reiterates Overweight Rating on Adobe (ADBE)
September 11, 2024 5:23 AM EDTJPMorgan analyst Mark Murphy reiterated an Overweight rating and $580.00 price target on Adobe (NASDAQ: ADBE)
The analyst comments "Heading into Adobes FQ3 earnings results, we reaffirm our positive fundamental bias on the setup for the 2H of the year, while we continue to see upside from current levels despite ADBE shares having traded up in the past several months. As a reminder, we held an upbeat tone heading into FQ2 earnings when investor expectations had soured, and following results we upgraded ADBE shares (see note here) in June, noting our expectation for... More
