Adobe Analysts Split After Strong Q4, Weak 2025 Guidance

Shares of Adobe Inc ADBE tanked in early trading on Thursday, despite the company reporting upbeat fiscal fourth-quarter results.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.Piper Sandler On AdobeAnalyst Brent Bracelin reiterated an Overweight rating, while reducing the price target from $635 to $600.Adobe reported "solid" results for its fiscal fourth quarter, with revenues beating consensus by $81 million, Bracelin said in a note. Subscription reve ...