In a report released yesterday, Kirk Materne from Evercore ISI maintained a Buy rating on Adobe (ADBE – Research Report), with a price target ...

Sometimes, the market’s collective mind can shift in counterintuitive ways. This seems to be the case with Adobe (ADBE), ...

Adobe’s decline was mainly due to its disappointing forward guidance. Q2 revenue forecast came in at $5.77–$5.82 billion vs.