Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

Adobe Systems Incorporated (NASDAQ:ADBE) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of Adobe Systems Incorporated (NASDAQ:ADBE). According to the latest broker reports outstanding on Monday 9th of May, 0 analysts have a rating of “strong buy”, 0 analysts “buy”, 0 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Most recent broker ratings

04/21/2016 – Adobe Systems Incorporated had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 105 price target on the stock.

04/12/2016 – Adobe Systems Incorporated had its “mkt perform” rating reiterated by analysts at FBR Capital Markets. They now have a USD 115 price target on the stock.

04/04/2016 – Adobe Systems Incorporated had its “buy” rating reiterated by analysts at Dougherty & Co. They now have a USD 122 price target on the stock.

03/31/2016 – Canaccord Genuity began new coverage on Adobe Systems Incorporated giving the company a “buy” rating. They now have a USD 110 price target on the stock.

03/28/2016 – Adobe Systems Incorporated had its “buy” rating reiterated by analysts at Rosenblatt Securities. They now have a USD 112 price target on the stock.

03/23/2016 – Adobe Systems Incorporated had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 120 price target on the stock.

03/18/2016 – Adobe Systems Incorporated had its “neutral” rating reiterated by analysts at Goldman Sachs. They now have a USD 64 price target on the stock.

03/18/2016 – Adobe Systems Incorporated had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 114 price target on the stock.

03/18/2016 – Adobe Systems Incorporated had its “buy” rating reiterated by analysts at UBS. They now have a USD 114 price target on the stock.

03/18/2016 – Adobe Systems Incorporated had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 104 price target on the stock.

03/18/2016 – Adobe Systems Incorporated had its “hold” rating reiterated by analysts at Wunderlich. They now have a USD 99 price target on the stock.

12/14/2015 – Adobe Systems Incorporated had its “buy” rating reiterated by analysts at Argus. They now have a USD 110 price target on the stock.

12/11/2015 – Adobe Systems Incorporated had its “overweight” rating reiterated by analysts at Stephens. They now have a USD 115 price target on the stock.

12/11/2015 – Adobe Systems Incorporated had its “positive” rating reiterated by analysts at Susquehanna. They now have a USD 110 price target on the stock.

12/11/2015 – Adobe Systems Incorporated had its “outperform” rating reiterated by analysts at Robert W. Baird. They now have a USD 100 price target on the stock.

The share price of Adobe Systems Incorporated (NASDAQ:ADBE) was up +0.86% during the last day of trading, with a day high of 94.40. 1465012 shares were traded during the last session.

The stock’s 50 day moving average is 94.26 and its 200 day moving average is 89.85. The stock’s market capitalization is 46.99B. Adobe Systems Incorporated has a 52-week low of 71.27 and a 52-week high of 98.00.

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