Adobe downgraded to Hold from Buy at TD Cowen | Markets Insider

Dec 12, 2024 · TD Cowen downgraded Adobe to Hold from Buy with a price target of $550, down from $625.The company’s Q4 net new annual recurring revenue beat guidance by 5%, its …

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Adobe Downgraded To Hold From Buy At TD Cowen | Markets Insider

2 weeks from now

Dec 12, 2024 · TD Cowen downgraded Adobe to Hold from Buy with a price target of $550, down from $625.The company’s Q4 net new annual recurring revenue beat guidance by 5%, its …

businessinsider.com

$550
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Adobe Downgraded To Hold From Buy At TD Cowen | Nasdaq

2 weeks from now

Dec 12, 2024 · TD Cowen downgraded Adobe (ADBE) to Hold from Buy with a price target of $550, down from $625. The company’s Q4 net new annual recurring revenue beat guidance …

nasdaq.com

$550
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Adobe Downgraded To Hold By TD Cowen On Growth Deceleration …

2 weeks from now

Dec 12, 2024 · On Thursday, Adobe Inc. (NASDAQ: ADBE) saw its stock rating downgraded from Buy to Hold by TD (TSX: TD) Cowen, with a notable reduction in the price target to $550 from …

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TD Cowen Downgrades Adobe To Hold From Buy, Cuts Price …

2 weeks from now

-- Adobe has an average rating of overweight and mean price target of $596.39, according to analysts polled by FactSet. ...

marketscreener.com

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Adobe Downgraded To Hold By TD Cowen On Growth Deceleration …

2 weeks from now

Dec 12, 2024 · On Thursday, Adobe Inc. (NASDAQ: ADBE) saw its stock rating downgraded from Buy to Hold by TD Cowen, with a notable reduction in the price target to $550 from the …

investing.com

$27
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Adobe Upgraded, Lam Research Downgraded: Wall Street

2 weeks from now

1 day ago · TD Cowen initiated coverage of CNX Resources with a Hold rating and $27 price target. The firm says the final 45V guidance recently released appears overly restrictive and …

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$625.00
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Adobe (NASDAQ:ADBE) Hits New 52-Week Low On Analyst …

2 weeks from now

Jan 3, 2025 · TD Cowen cut Adobe from a "buy" rating to a "hold" rating and lowered their target price for the stock from $625.00 to $550.00 in a research note on Thursday, December 12th. …

marketbeat.com

$550
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Adobe Downgraded To Hold By TD Cowen On Growth Deceleration …

2 weeks from now

Dec 12, 2024 · On Thursday, Adobe Inc. (NASDAQ: ADBE) saw its stock rating downgraded from Buy to Hold by TD Cowen, with a notable reduction in the price target to $550 from the …

investing.com

$550.00
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TD Cowen Downgrades Adobe (ADBE) To Hold - Streetinsider.com

2 weeks from now

Dec 12, 2024 · TD Cowen analyst J. Derrick Wood downgraded Adobe (NASDAQ: ADBE) from Buy to Hold with a price target of $550.00 (from $625.00).The analyst comments "4Q NNARR …

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$1.16
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Editas Medicine (EDIT) Receives A Buy From TD Cowen

2 weeks from now

2 days ago · TD Cowen analyst Phil Nadeau maintained a Buy rating on Editas Medicine (EDIT – Research Report) today. The company’s shares closed yesterday at $1.16. Discover …

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FAQs about Adobe downgraded to Hold from Buy at TD Cowen | Markets Insider Coupon?

Why did TD Cowen downgrade Adobe?

TD Cowen's analyst J. Derrick Wood announced today, on December 12, 2024, that he downgraded Adobe from Buy to Hold for some reasons: Growth Risks: The new Annualized Recurring Revenue (ARR) in the last quarter of FY24 of Adobe is $ 578 million giving a 2% of growth rate. ...

What is TD Cowen's target price for Adobe Inc?

For the reasons, TD Cowen reduce the price target for Adobe from $625 to $550 per share. However, on the one-year price targets offered by 33 analysts, the average target price for Adobe Inc is $619.63 with a high estimate of $732.52 and a low estimate of $440.00. The average target implies a upside of +28.44% from the current price of $482.44. ...

Why did TD Cowen downgrade STMicroelectronics stock?

Investing.com -- TD Cowen downgraded STMicroelectronics (NYSE:STM) stock to Hold, citing increased cyclical headwinds in the semiconductor industry amid downstream inventory pressures. The firm also cut its price target to $25 from $32. The company's shares fell more than 2% Monday. ...

Why did Adobe downgrade its stock?

Their downgrade reflects concerns that Adobe's strategy of expanding its user base with free offerings before increasing monetization efforts may not significantly improve growth in the near term. With the growth rate potentially falling into single digits, the firm anticipates that this could put pressure on Adobe's valuations. ...

Is Adobe a good stock to buy?

StockNews.com upgraded shares of Adobe from a “hold” rating to a “buy” rating in a research note on Friday, September 13th. Finally, BMO Capital Markets lifted their target price on Adobe from $580.00 to $600.00 and gave the company an “outperform” rating in a report on Friday, December 6th. ...

How will Adobe's downgrade affect its valuations?

With the growth rate potentially falling into single digits, the firm anticipates that this could put pressure on Adobe's valuations. Following the downgrade, Adobe's stock dropped 11% in after-hours trading to an approximate 23x enterprise value to calendar year 2025 estimated free cash flow. ...