Analyst Activity – Wells Fargo & Company Initiates Coverage On Adobe Systems Incorporated (NASDAQ:ADBE) With a Market Perform

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Analyst Ratings For Adobe Systems Incorporated (NASDAQ:ADBE)

Today, Wells Fargo & Company initiated coverage on Adobe Systems Incorporated (NASDAQ:ADBE) with a Market Perform.

There are 7 hold ratings, 18 buy ratings on the stock.

The current consensus rating on Adobe Systems Incorporated (NASDAQ:ADBE) is Buy (Score: 2.72) with a consensus target price of $116.21 per share, a potential 7.34% upside.

Some recent analyst ratings include

  • 1/11/2017-Wells Fargo & Company initiated coverage with a Market Perform rating.
  • 1/10/2017-Goldman Sachs Group, Inc. (The) Reiterated Rating of Neutral.
  • 1/10/2017-Wunderlich Reiterated Rating of Hold.
  • 1/7/2017-Pacific Crest Reiterated Rating of Overweight.
  • 1/5/2017-BMO Capital Markets initiated coverage with a Outperform rating.
  • 12/21/2016-Cowen and Company Reiterated Rating of Outperform.
  • 12/17/2016-Dougherty & Co Reiterated Rating of Buy.

Dividend information for Adobe Systems Incorporated (NASDAQ:ADBE)

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Recent Insider Trading Activity For Adobe Systems Incorporated (NASDAQ:ADBE)
Adobe Systems Incorporated (NASDAQ:ADBE) has insider ownership of 0.43% and institutional ownership of 86.25%.

  • On 1/9/2017 Charles M Geschke, Chairman Sell, 23,100 $108.52 with an average share price of $2,506,812.00 View SEC Filing   1/6/2017 per share and the total transaction amounting to Richard Rowley.
  • On 1/4/2017 Charles M Geschke, Chairman Sell, 48,100 $104.03 with an average share price of $5,003,843.00 View SEC Filing   12/19/2016 per share and the total transaction amounting to John E Warnock.
  • On 10/10/2016 Michael A Dillon, EVP Sell, 13,331 $109.64 with an average share price of $1,461,610.84 View SEC Filing   9/27/2016 per share and the total transaction amounting to John E Warnock.
  • On 9/26/2016 Daniel Rosensweig, Director Sell, 13,000 $107.42 with an average share price of $1,396,460.00 View SEC Filing   9/22/2016 per share and the total transaction amounting to James E Daley.
  • On 9/6/2016 Mark Garrett, CFO Sell, 26,899 $103.47 with an average share price of $2,783,239.53 View SEC Filing   8/29/2016 per share and the total transaction amounting to Michael A Dillon.
  • On 8/26/2016 Ann Lewnes, EVP Sell, 131 $101.68 with an average share price of $13,320.08 View SEC Filing   8/10/2016 per share and the total transaction amounting to Donna Morris.

About Adobe Systems Incorporated (NASDAQ:ADBE)
Adobe Systems Incorporated is a software company. The Company offers products and services used by professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences. It operates through three segments: Digital Media, Digital Marketing, and Print and Publishing. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses and enterprises to create, publish, promote and monetize their digital content. Its Digital Marketing segment provides solutions and services for how digital advertising and marketing are created, managed, executed, measured and optimized. Its Print and Publishing segment addresses market opportunities ranging from the diverse authoring and publishing needs of technical and business publishing to its legacy type and original equipment manufacturer (OEM) printing businesses.

Recent Trading Activity for Adobe Systems Incorporated (NASDAQ:ADBE)
Shares of Adobe Systems Incorporated closed the previous trading session at 108.26 0.00 0.00% with 3,080,998 shares trading hands.