Daniel Balakov Research firm Piper Sandler weighed in on a basket of enterprise software stocks on Friday, noting that it has concerns about the weakening macro background and how it could impact lower growth rates for the sector. “We are proactively lowering growth estimates and PTs across our coverage listContinue Reading
hapabapa Adobe (NASDAQ:ADBE) is one of the new entrants to Mizuho’s monthly compilation of top picks. The top picks list has the highest conviction ideas identified by the bank’s US analysts. Analyst Gregg Moskowitz suggested the breadth of Adobe’s (ADBE) AI monetization is “being underappreciated” by Wall Street and itContinue Reading
Adobe (NASDAQ:ADBE) shares continued gains for seven straight sessions, as the stock closed 0.4% up at $570 on Wednesday, its highest since March this year. The Photoshop maker gained nearly 8% in the preceding six sessions. The stock has lost about 5% so far this year, compared to the nearlyContinue Reading
JHVEPhoto Adobe (NASDAQ:ADBE) rose more than 1% on Tuesday as Deutsche Bank added the creative software maker to its Fresh Money list, citing its recent better-than-expected quarterly results. “Creative Cloud Net New [annual recurring revenue] is expected to grow in [the second-half] following two quarters of declines, with pricing headwindsContinue Reading
