The Comprehensive Take On Adobe Ahead Of Earnings

With the company set to release earnings after the closing bell on Tuesday, many Adobe Systems Incorporated ADBE traders are mulling over how they should play the stock during the next couple of days. However, long-term investors will likely be more interested in the outlook for the company in terms of months and years, rather than days.

What’s in store for Adobe in the long run? Here’s what several big-name Wall Street firms have had to say about the stock recently.

Jefferies

After speaking with Adobe CEO Shantanu Narayen, Jefferies analysts see a “$20 billion opportunity in helping companies relate directly to customers in an increasingly connected, multi-channel world.” Jefferies has a Buy rating on Adobe and a $90 target for the stock.

JPMorgan

Related Link: Morgan Stanley Looking For Q2 Bounce At Adobe

Morgan Stanley

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