.png)
German (DE) 
English (US) 
Spanish (ES) 
French (FR) 
Hindi (IN) 
Italian (IT) 
Russian (RU) Skip to navigation Skip to main content Skip to right column
- Today's news
- US
- Politics
- World
- Tech
- Weather
- Climate change
- Health
- Science
- Originals
- Newsletters
- Games
- Health
- Parenting
- Style and beauty
- Horoscopes
- Shopping
- Food
- Travel
- Autos
- Gift ideas
- Buying guides
- My Portfolio
- News
- Markets
- Stocks: Most Actives
- Stocks: Gainers
- Stocks: Losers
- Trending Tickers
- Futures
- World Indices
- US Treasury Bonds Rates
- Currencies
- Crypto
- Top ETFs
- Top Mutual Funds
- Options: Highest Open Interest
- Options: Highest Implied Volatility
- Sectors
- Basic Materials
- Communication Services
- Consumer Cyclical
- Consumer Defensive
- Energy
- Financial Services
- Healthcare
- Industrials
- Real Estate
- Technology
- Utilities
- Private Companies
- Research
- Personal Finance
- Videos
- Watch Now
- Fantasy
- Daily fantasy
- NFL
- NBA
- MLB
- NHL
- College football
- College basketball
- Soccer
- NFL Draft
- Yahoo Sports AM
- Show all
© 2025 All rights reserved.
Sat, Sep 13, 2025, 9:00 AM 1 min read
Evercore ISI analyst Kirk Materne lowered the firm’s price target on Adobe (ADBE) to $450 from $475 and keeps an Outperform rating on the shares. Adobe delivered “solid” fiscal 3Q results as revenue, NNARR, and EPS all exceeded expectations and the company noted significant progress around a number of initiatives, the analyst tells investors. At the current valuation, the firm believes that the market is “already baking in a huge amount of skepticism towards Adobe’s long-term growth,” but it also acknowledges that a shift in sentiment is unlikely to happen until revenue stabilizes or the company can provide investors with new metrics that directly address some of the perceived terminal risk related to competition and AI alternatives.
Elevate Your Investing Strategy:
-
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ADBE:
Terms and Privacy Policy
Comments