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Adobe Systems (Still) Has Its Head in the Clouds


Adobe Systems (Still) Has Its Head in the Clouds

Adobe Systems Incorporated (NASDAQ: ADBE) announced another stronger-than-expected quarter on Thursday after the market closed, setting fresh company records for both revenue and earnings on the continued outperformance of its cloud-based creative software solutions. Shares were up modestly in after-hours trading.

Let's take a closer look at what Adobe achieved over the past few months, as well as the company's new expectations for the coming year.

IMAGE SOURCE: ADOBE SYSTEMS

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Source: Fool.com

Adobe Inc. Stock

€411.80
-6.870%
Adobe Inc. took a tumble today and lost -€30.400 (-6.870%).
The stock is one of the favorites of our community with 44 Buy predictions and 2 Sell predictions.
With a target price of 591 € there is a positive potential of 43.52% for Adobe Inc. compared to the current price of 411.8 €.
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