Adobe Inc (NASDAQ:ADBE) price target raised to $304.00 by Barclays

ME Staff
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Analyst Ratings For Adobe Inc (NASDAQ:ADBE)

Today, Barclays raised its price target on Adobe Inc (NASDAQ:ADBE) to $304.00 per share.

There are 20 Buy Ratings, 8 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Adobe Inc (NASDAQ:ADBE) is Buy with a consensus target price of $263.0370 per share, a potential 1.99% upside.

Some recent analyst ratings include

    Recent Insider Trading Activity For Adobe Inc (NASDAQ:ADBE)
    Adobe Inc (NASDAQ:ADBE) has insider ownership of 0.33% and institutional ownership of 84.76%.

    • On 9/24/2018 David A Ricks, Director, bought 75 with an average share price of $261.43 per share and the total transaction amounting to $19,607.25.
    • On 9/19/2018 Ann Lewnes, EVP, sold 2,941 with an average share price of $271.14 per share and the total transaction amounting to $797,422.74.
    • On 8/15/2018 Ann Lewnes, EVP, sold 2,939 with an average share price of $253.80 per share and the total transaction amounting to $745,918.20.
    • On 7/24/2018 Abhay Parasnis, EVP, sold 10,500 with an average share price of $260.01 per share and the total transaction amounting to $2,730,105.00.
    • On 7/18/2018 Ann Lewnes, EVP, sold 2,940 with an average share price of $257.86 per share and the total transaction amounting to $758,108.40.
    • On 6/20/2018 Ann Lewnes, EVP, sold 2,945 with an average share price of $253.50 per share and the total transaction amounting to $746,557.50.
    • On 6/18/2018 Charles M Geschke, Director, sold 6,000 with an average share price of $255.19 per share and the total transaction amounting to $1,531,140.00.

    About Adobe Inc (NASDAQ:ADBE)
    Adobe Inc. operates as a diversified software company worldwide. 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 flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, as well as their management in marketing departments and agencies, companies, and publishers. The company's Digital Marketing segment offers solutions for how digital advertising and marketing are created, managed, executed, measured, and optimized. This segment provides analytics, social marketing, targeting, media optimization, digital experience management, cross-channel campaign management, audience management, and video delivery and monetization solutions to digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, chief information officers, and chief revenue officers. Its Print and Publishing segment offers products and services, such as e-learning solutions, technical document publishing, Web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company markets and licenses its products and services directly to enterprise customers through its sales force, as well as to end-users through app stores and through its Website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, and OEMs. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. The company was founded in 1982 and is headquartered in San Jose, California.

    Recent Trading Activity for Adobe Inc (NASDAQ:ADBE)
    Shares of Adobe Inc closed the previous trading session at 258.02 up +20.01 8.41% with shares trading hands.