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RBC Capital Reiterates Outperform Rating on Adobe (ADBE)
September 13, 2024 6:31 AM EDTRBC Capital analyst Alex Zukin reiterated an Outperform rating and $610.00 price target on Adobe (NASDAQ: ADBE)
The analyst comments "Q3 results were strong headlined by DM net-new ARR outperformance of 9.5% as well as solid revenue performance flowing through to profitability. Results and... More
TD Cowen Reiterates Buy Rating on Adobe (ADBE)
September 13, 2024 6:11 AM EDTTD Cowen analyst J. Derrick Wood reiterated a Buy rating and $625.00 price target on Adobe (NASDAQ: ADBE)
The analyst comments "3Q NNARR beat guide by ~10%, similar to last qtr & above the ~5% beat in 1Q & growth was the highest in 3+ years.... More
Wolfe Research Reiterates Outperform Rating on Adobe (ADBE)
September 13, 2024 6:02 AM EDTWolfe Research analyst Alex Zukin reiterated an Outperform rating and $685.00 price target on Adobe (NASDAQ: ADBE)
The analyst comments "ADBE's competitive positioning of its Digital Media offerings in a changing creative landscape was previously challenged by investors when it had announced plans to acquire Figma. Since then, ADBE has begun rolling... More
