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    Adobe (ADBE) 4Q Earnings: Mizuho Cuts Price Target On Stock

    Adobe (ADBE) 4Q Earnings: Mizuho Cuts Price Target On Stock

    FromSchwab Network

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    Adobe (ADBE) 4Q Earnings: Mizuho Cuts Price Target On Stock

    FromSchwab Network

    ratings:
    Length:
    11 minutes
    Released:
    Dec 17, 2021
    Format:
    Podcast episode

    Description

    Adobe (ADBE) stock price is down over 2% so far for the day. The Adobe earnings report indicated $3.20 in EPS and $4.11B in revenue. The company has announced changes to the executive leadership team. Mizuho's Gregg Moskowitz says that they have cut the ADBE stock price target to $685 from $695, while keeping a buy rating. He believes that the fiscal 4Q earnings largely disappointed, but is confident that the company remains well positioned from digital transformation.
    Released:
    Dec 17, 2021
    Format:
    Podcast episode

    Titles in the series (100)

    A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.