Analyst Activity – BMO Capital Markets Initiates Coverage On Adobe Systems Incorporated (NASDAQ:ADBE) With a Outperform

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Analyst Ratings For Adobe Systems Incorporated (NASDAQ:ADBE)

Today, BMO Capital Markets initiated coverage on Adobe Systems Incorporated (NASDAQ:ADBE) with a Outperform with a price target of $125.00.

There are 6 hold ratings, 18 buy ratings on the stock.

The current consensus rating on Adobe Systems Incorporated (NASDAQ:ADBE) is Buy (Score: 2.75) with a consensus target price of $116.13 per share, a potential 9.64% upside.

Some recent analyst ratings include

  • 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.
  • 12/16/2016-Sanford C. Bernstein Reiterated Rating of Outperform.
  • 12/16/2016-J P Morgan Chase & Co Reiterated Rating of Overweight.
  • 12/16/2016-Wunderlich Reiterated Rating of Hold.
  • 12/6/2016-BTIG Research Reiterated Rating of Neutral.

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 86.23%.

  • On 1/4/2017 Charles M Geschke, Chairman, sold 48,100 with an average share price of $104.03 per share and the total transaction amounting to $5,003,843.00.
  • On 12/19/2016 John E Warnock, Chairman, sold 6,000 with an average share price of $105.41 per share and the total transaction amounting to $632,460.00.
  • On 10/10/2016 Michael A Dillon, EVP, sold 13,331 with an average share price of $109.64 per share and the total transaction amounting to $1,461,610.84.
  • On 9/27/2016 John E Warnock, Chairman, sold 5,000 with an average share price of $106.99 per share and the total transaction amounting to $534,950.00.
  • On 9/26/2016 Daniel Rosensweig, Director, sold 13,000 with an average share price of $107.42 per share and the total transaction amounting to $1,396,460.00.
  • On 9/22/2016 James E Daley, Director, sold 6,276 with an average share price of $108.00 per share and the total transaction amounting to $677,808.00.

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 105.91 up +1.77 1.70% with 2,504,772 shares trading hands.