Keith Weiss

According to a stock filing on March 15th, 2023, Keith Weiss, the most accurate analyst at Morgan Stanley, has raised the price target for Adobe (ADBE) to 382. It is anticipated that the software company will report higher quarterly earnings. The price target remains unchanged since the time of posting, which is 333.33.

Adobe Inc

Previewing Adobe's Potential Q3 Earnings Boost with Insights from Top Market Analysts' Recent Price Target Adjustments

Keith Bachman

According to a filing on March 15, 2023, financial analyst Keith Bachman of BMO Capital has provided a price target of $395 for Adobe (ADBE) and anticipates the company will report higher quarterly earnings. This price target matches his previously posted adjusted price target, indicating he has not changed his outlook on the stock. Bachman is considered one of the most accurate analysts and his forecast holds weight in the stock market.

Examining Recent Price Target Adjustments by Top Analysts for Adobe's Expected Increase in Quarterly Earnings

Parker Lane

A financial analyst named Parker Lane, who works for Stifel Nicolaus, has provided a price target of $400 for Adobe (ADBE) stocks. This information was published on March 16, 2023, and appears to be in response to the company's Q4 earnings report. Lane is one of four analysts who have commented on Adobe's earnings, and they all seem to agree that the "creator economy remains healthy." The price target is the same as the adjusted price target, and it was posted when the stock was trading at $352.14.

Quarter 4 Earnings Review by Four Adobe Analysts: 'The Creator Economy Shows Strong Performance'

Brent Bracelin

According to a recent stock filing, an analyst at Piper Sandler, Brent Bracelin, has set a price target of $415 for Adobe's stock (symbol: ADBE), with no change to the target since posting. The analyst noted that the creator economy based on Adobe's products remains healthy. The filing was published on March 16, 2023, and it is focused on the Q4 earnings report.

Adobe's Q4 Earnings Analysis by Four Financial Analysts: 'Positive Outlook on the Creator Economy'

The stock filing reports that Keith Bachman, an analyst at Loop Capital Markets, has provided a price target of 400 for the stock symbol ADBE. The report was published on March 16, 2023 and states that in Q4 earnings, four analysts have found the creator economy to remain healthy. The adjPriceTarget is also 400, while the price at the time of posting was 352.14.

Reflections of Four Adobe Analysts on Q4 Earnings: 'Sustained Wellness of the Creator Economy'

Admin

Inflation data and the state of play in the banking industry has investors wondering: What will the Fed decide next week about interest rates?
(0:21) Jason Moser and Matt Argersinger discuss: - First Republic getting $30 billion in deposits from 11 major banks - The latest CPI and PPI numbers continuing the trend of cooling inflation - Whether the Federal Reserve should raise rates next week (and if so, by how much) or hit the pause button - The latest from FedEx, Adobe, Lennar, and Williams-Sonoma
(19:11) John Ourand from Sports Business Journal and the "Sports Media Podcast" analyzes the economics of March Madness, why he's bullish on the upcoming MLB season, and Disney CEO Bob Iger's latest thinking on ESPN.
(32:13) Matt and Jason discuss Google raising the price of YouTube TV and share two stocks on their radar: Charles Schwab and Zebra Technologies.
Stocks discussed: SIVB, FRC, BAC, JPM, WFC, C, PNC, MTB, FDX, ADBE, LEN, WSM, FOX, WBD, PARA, DIS, AMZN, AAPL, GOOG, GOOGL, SCHW, ZBRA
To get your copy of our free report "Top Stocks For Rising Interest Rates" just go to <a href="https://fool.com/interest">fool.com/interest</a>.
Host: Chris Hill Guests: Jason Moser, Matt Argersinger, John Ourand Engineer: Dan Boyd

In today's podcast, major banks in the US, including JP Morgan and Wells Fargo, agreed to deposit $30bn to First Republic Bank, indicating a potential bailout. The deal, which doesn't involve government funding, reflects market concerns around the lack of faith in the banking system, causing many investors to sell their stocks in mid-sized banks. Regional banks are categorised in the "stay away" category for investors. Despite the short-term volatility, the long-term outlook for large banks remains unclear due to their higher regulatory requirements and potential changes ahead. The Federal Reserve's decision on rising interest rates and inflation at the upcoming meeting remains uncertain, creating more ambiguity in the investment landscape. 

Other financial news revolved around successful earnings reports from FedEx and Adobe, who both exceeded analyst expectations, leading to hopeful projections for shareholders. In contrast, Homebuilder Lennar reported new order declines of 10%, with revenue remaining flat. Lastly, Williams Sonoma, despite growing its e-commerce and catering businesses, received no significant reward from Wall Street.

The second major topic revolved around sports broadcasting and streaming. The NCAA tournament this year generated over a billion dollars in advertising revenue alone, a new record. As networks try to capture more audience attention, CBS and Turner aim to bring even more revenue to their ad sales group working together for the tournament with only positive results. The popularity of college basketball continues to increase, as CBS, ESPN and Fox ratings were up compared to last year, leading to industry-wide improvements. Major League Baseball has implemented rule changes meant to speed up the game, leading to higher ratings potential. Locally, there are concerns as diamond sports owning regional sports networks (RSNs) for 17-20 MLB teams filed for bankruptcy, and Warner Bros Discovery owning four RSNs stated they will walk away from these deals. ESPN remains the most popular sports network, but networks such as Amazon are choosing unique sporting events, like the Boxing Day Games of the English Premier League or their Thursday Night Football, instead of covering everything already provided by ESPN. With the increase in non-traditional broadcasting and streaming services, linear TV may become less relevant. Google's announcement that its YouTube TV subscription packages will increase content costs, further intensifying these changes. 

The podcast also highlighted potential investment opportunities in certain companies. Charles Schwab Corporation was praised for its domination within the brokerage space, with over 80% of its bank deposits retained as many investors are reluctant to invest in banks due to regulatory concerns. Zebra Technologies, a pure B2B company, provides enterprise asset intelligence solutions within the automatic identification and data capture industry. The company is positioned to capitalise on emerging technologies, intelligent automation, mobility, and computer vision. 

Adobe's Potential Q3 Earnings Boost with Insights from Top Market Analysts' Recent Price Target Adjustments

Adobe's Potential Q3 Earnings Boost with Insights from Top Market Analysts' Recent Price Target Adjustments

Recent Price Target Adjustments by Top Analysts for Adobe's Expected Increase in Quarterly Earnings

Recent Price Target Adjustments by Top Analysts for Adobe's Expected Increase in Quarterly Earnings

4 Earnings Review by Four Adobe Analysts: 'The Creator Economy Shows Strong Performance'

4 Earnings Review by Four Adobe Analysts: 'The Creator Economy Shows Strong Performance'

Q4 Earnings Analysis by Four Financial Analysts: 'Positive Outlook on the Creator Economy'

Q4 Earnings Analysis by Four Financial Analysts: 'Positive Outlook on the Creator Economy'

of Four Adobe Analysts on Q4 Earnings: 'Sustained Wellness of the Creator Economy'

of Four Adobe Analysts on Q4 Earnings: 'Sustained Wellness of the Creator Economy'

The Fed's Next Move, ESPN’s Future

The Fed's Next Move, ESPN’s Future