Trading Strategies For Adobe Stock Before And After Q2 Earnings
Portfolio Pulse from Melanie Schaffer
Adobe, Inc (NASDAQ:ABDE) is set to release its Q2 financial results, with analysts expecting EPS of $3.79 on revenues of $4.43 billion. JPMorgan analyst Sterling Auty maintained a Neutral rating on Adobe and raised the price target from $380 to $450. Three other analysts have also increased their price targets to between $470 and $530.
June 15, 2023 | 7:16 pm
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Adobe is set to release Q2 financial results, with analysts expecting strong performance. JPMorgan analyst Sterling Auty maintains a Neutral rating and raises the price target to $450.
The article mentions that analysts expect strong Q2 financial results for Adobe, with EPS of $3.79 on revenues of $4.43 billion. JPMorgan analyst Sterling Auty maintains a Neutral rating on Adobe and raises the price target from $380 to $450. This positive outlook and increased price targets from analysts are likely to have a short-term positive impact on Adobe's stock price.
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IMPORTANCE 80
RELEVANCE 100