Adobe (ADBE) Price Hike Ahead Of Earnings, Stock Up 63% YTD

Adobe (ADBE) stock got a price hike from Wells Fargo which raised its price target to $625 from $600 and maintains its overweight rating. ADBE is up 63% year-to-date. ADBE reports earnings on Thursday, postmarket. Its adjusted EPS is estimated at $3.97, and its revenue is estimated at $4.85B. George Tsilis discusses ADBE and what investors should be aware of in the stock. He then demonstrates an example trade using ADBE. The trade type is an iron condor, and the direction is neutral. Tune in to find out more about the stock market today.

Trading 360

12 Sep 2023

SHARE

Schwab Network's Newsletters

Daily insights for every investor

ON AIR
6:00 pm
The Wrap
replay
12:00 am
The Wrap
REPLAY
12:30 am
Market On Close
REPLAY
2:00 am
Trading 360
REPLAY
3:00 am
Fast Market
REPLAY
4:00 am
Next Gen Investing
REPLAY
5:00 am
Market Overtime
REPLAY
5:30 am
The Wrap
REPLAY
7:00 am
Morning Movers
8:00 am
Opening Bell With Nicole Petallides
9:00 am
Morning Trade Live
10:00 am
Trading 360
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
2:00 pm
Market On Close
3:30 pm
Market Overtime
REPLAY
4:00 pm
Fast Market
REPLAY
5:00 pm
Next Gen Investing
REPLAY
ON AIR
6:00 pm
The Wrap
REPLAY
7:30 pm
Market Overtime
REPLAY
8:00 pm
Market Overtime
REPLAY
8:30 pm
Market On Close
REPLAY
10:00 pm
Trading 360
REPLAY
11:00 pm
The Wrap
REPLAY