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Tuesday's Market Minute: Apple Doubles Down On Services
Tuesday, June 23, 2020 - 10:00am | 258Read More...Apple Inc (NASDAQ: AAPL) introduced its iOS 14 yesterday and unveiled several features that Apple customers could look forward to—and possibly convert some new users. Analysts have been saying that Apple is transitioning into a services-based company for some time now, but this is a good...
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Adobe An 'Elite' Cloud Software Player, KeyBanc Says After Q3 Print
Friday, September 14, 2018 - 9:06am | 382Read More...Adobe Systems Incorporated (NASDAQ: ADBE) reported fiscal third-quarter earnings Thursday afternoon that make its status as an "elite" cloud software company clear, according to KeyBanc Capital Markets. The Analyst Analyst Brent Bracelin maintained an Overweight rating on...
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Analysts React To Adobe's $2B Fourth Quarter
Friday, December 15, 2017 - 5:53pm | 724Read More...Adobe Systems Incorporated (NASDAQ: ADBE) reported fiscal fourth quarter results Thursday, with quarterly revenue that exceeded $2 billion for the first time. Bank Of America: Upside Abounds Bank of America's Kash Rangan maintains a Buy on Adobe's stock with an unchanged $220...
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KeyBanc Raises Price Target On Adobe By 20%, Cites Cloud, AI
Wednesday, November 22, 2017 - 11:25am | 412Read More...Adobe Systems Incorporated (NASDAQ: ADBE) has proven itself to be a leader in the cloud software market, but some analysts are even more optimistic about the future. The Analyst KeyBanc Capital Markets' Brent Bracelin maintains an Overweight rating on Adobe's stock with a price target...
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Adobe Hit A New High, But Are Analysts Impressed?
Friday, June 23, 2017 - 8:39am | 786Read More...Shares of Adobe Systems Incorporated (NASDAQ: ADBE) hit a new all-time high of $147.45 Wednesday after impressing investors with its earnings report. But are Wall Street analysts equally bullish on the company? Credit Suisse: Continued Momentum Adobe reported a strong earnings report in which...
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Adobe's Q2 Earnings: Expect Creative Cloud Unit To Drive Strength
Monday, June 19, 2017 - 4:06pm | 268Read More...Analysts at Credit Suisse maintained an Outperform rating and $150 price target on Adobe Systems Incorporated (NASDAQ: ADBE) ahead of Tuesday's earnings report. Credit Suisse's Michael Nemeroff is expecting Adobe to report revenue of at least $1.731 billion, which represents a 23.8 percent...
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Adobe's Consistency Should Be Rewarded, Says JPMorgan
Friday, December 16, 2016 - 10:20am | 332Read More...JPMorgan’s Sterling Auty believes the strong Q4 results reported by Adobe Systems Incorporated (NASDAQ: ADBE) were a “very good finish to the fiscal year with all segments and geographies of the business performing very well.” Auty maintains an Overweight rating on the company,...
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Adobe Max: 10th Annual Conference Highlights The Future Of Design And Innovation
Wednesday, November 2, 2016 - 4:10pm | 533Read More...Adobe Systems Incorporated (NASDAQ: ADBE) kicked off its annual Adobe Max conference this week in San Diego. Adobe Max is a creative conference in its tenth year, highlighting the future of creativity and design through the company’s extensive software tools. The event has become a Silicon...
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Photoshop Expert Gives Opinions On Adobe Creative Users
Monday, October 31, 2016 - 10:21am | 305Read More...One of the best ways to gauge a company's outlook is to reach out and speak with clients. This is exactly what UBS' Brent Thill did to gain a better understanding of Adobe Systems Incorporated (NASDAQ: ADBE)'s business. Thill hosted Photoshop expert and president of the largest Photoshop user group...
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Calls Of Note: Shake Shack, Kate Spade And Other Notable Research Notes Worth Following On Tuesday
Tuesday, August 11, 2015 - 10:53am | 1107Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Longbow: Shake Shack Trends ‘Picking Up,' Maintains At Neutral Alton Stump of Longbow Research maintained a Neutral rating on shares of Shake Shack...
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Adobe CEO Weighs In On Second-Quarter Numbers And Stock Buybacks
Wednesday, June 17, 2015 - 2:02pm | 399Read More...Adobe Systems Incorporated (NASDAQ: ADBE) reported better than expected second-quarter earnings earlier on Wednesday. The company declared EPS of $0.48 on revenue of $1.16 billion, slightly better than analysts’ estimate of EPS of $0.45 on revenue of $1.16 billion. The company also recently...
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Will Piracy Weigh Down Adobe Systems Incorporated?
Tuesday, September 16, 2014 - 9:33am | 666Read More...For Adobe Systems Incorporated (NASDAQ: ADBE), earnings season is here. All eyes are on the company's online subscription service, Creative Cloud, which has gained subscribers every quarter since Q2 2013. The service hasn't been foolproof, though. Hackers successfully pirated...
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Market Wrap For December 13: Major Indices Finish The Day Flat
Friday, December 13, 2013 - 5:45pm | 2270Read More...Major indices were looking for a rebound after a four day skid which included multiple triple digit point losses for the Dow. Futures pointed to a higher opening as investors found reason to be positive in the House's passing of the budget agreement last night. The markets were unable to hold on...
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Adobe's 'Creative' Decision Angers 5,000 Customers
Friday, May 10, 2013 - 11:18am | 739Read More...In an effort to curb piracy and increase perpetual sales of Photoshop and other programs, Adobe (NASDAQ: ADBE) announced that it will not produce a seventh-generation version of Creative Suite. The current version, CS6, will still be sold (for the time being, at least). Without another upgrade,...
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Adobe Gains 5% on Record Q4 Results, New Creative Cloud Users
Friday, December 14, 2012 - 3:13pm | 499Read More...Adobe (NASDAQ: ADBE) is on the rise today as investors buy into the company's current success, as well as its potential future in the cloud. The Photoshop maker reported fourth quarter FY2012 results of $1.153 billion, exceeding the company's targeted range of $1.075 billion to $1.125 billion....
