Soaring US Dollar Continues to Impact Adobe Earnings as Growth Decelerates

This topic has 2 replies, 3 voices, and was last updated 1 year, 1 month ago by MoneyNeverSleeps.

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15 Sep '22 at 7:55 am #43772
ThePitBoss
Participant
Software solutions provider Adobe Systems reported worse than expected earnings for the fiscal third-quarter results Thursday which highlighted contin
[See the full post at: Soaring US Dollar Continues to Impact Adobe Earnings as Growth Decelerates]
19 Sep '22 at 8:56 pm #44042
TradersCom
Keymaster
Adobe downgraded following Earnings:
To Equal Weight from Overweight at Wells Fargo; tgt lowered to $310
To Hold from Buy at Edward Jones
$ADBE 296.06 ▼ 3.44 (▼1.15%) today
19 Oct '22 at 1:07 am #45898
MoneyNeverSleeps
Participant
Adobe (ADBE) reaffirms Q4 targets; guides FY23 EPS and revs under expectations, ex-Figma… ADBE up 3.4%
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