Loading...
Loading...
In a report published Friday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on
Adobe SystemsADBE.
In the report, Morgan Stanley noted, “ADBE's subs adds once again beat while perpetual rev. continues to lag. Investors remain focused on subs and likely boost the stock today, but we worry that growth investments may limit longer-term margin expansion and EPS growth, keeping us EW the stock at current levels.”
Adobe Systems closed on Thursday at $53.99.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in