Adobe Inc. (ADBE): PT Raised News

ADBE – JPMorgan raises price target to $275 from $260. This new price target represents a 2.41% upside over the stock’s previous closing price of $268.52.

Update: As of Jan. 16, 2019, this bullish analyst call has returned -9.89%.

Key Facts Surrounding This News Item

  • ADBE had a POWR Rating of A (Strong Buy) coming into today.
  • ADBE was 1.63% above its 10-Day Moving Average coming into today.
  • ADBE was 3.16% above its 20-Day Moving Average coming into today.
  • ADBE was 4.79% above its 50-Day Moving Average coming into today.
  • ADBE was 8.03% above its 100-Day Moving Average coming into today.
  • ADBE was 19.68% above its 200-Day Moving Average coming into today.
  • ADBE had returned +53.23% year-to-date leading up to today’s news, versus a +9.91% return from the benchmark S&P 500 during the same period.

More Info About Adobe Inc. (ADBE)

Adobe Systems is a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. The Company offers products and services for professionals, marketers, application developers, enterprises and consumers for creating, managing, delivering, optimizing and engaging with content. The company was founded in 1982 and is based in San Jose, California. View our full ADBE ticker page with ratings, news, and more.

ADBE at a Glance

ADBE Current POWR Rating™
Overall POWR Rating™
ADBE Current Price $241.95 0.17%
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ADBE Price Reaction

The day of this event (Sep. 14, 2018)
ADBE Closing Price$274.69 2.30%
ADBE Volume6,182,500
114.33% from avg
Leading up to this event
ADBE 1-mo return4.87%
After this event
ADBE 1-day return0.10%
ADBE 3-day return1.37%
ADBE 5-day return2.93%

ADBE Price Chart

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