![]() ![]() Of the 31 analysts who cover Adobe, 25 have buy ratings and six have hold ratings, with an average target price of $720.69, according to FactSet. “With two consecutive softer quarters, we expect investors to grow increasingly wary that Adobe is facing new headwinds - either reopening or competitive,” Radke said. “However, shares were lacking momentum heading into the print and we expect Adobe could remain in a bit of a trading range until it reports F1Q results (Mar.) when it will lap its tough comp and estimates can start pushing higher.”Ĭiti Research analyst Tyler Radke, who has a neutral rating and a $678 price target, said the outlook suggests that Adobe’s digital-media sales would see a year-over-year decline. ![]() “It’s also worth keeping in mind that Adobe usually blows away its initial guide,” Materne said. Similarly, Adobe forecast full-year earnings of $13.70 a share on revenue of $17.9 billion, while the Street expected $14.26 a share on revenue of $18.16 billion.Įvercore ISI analyst Kirk Materne, who has an outperform rating and a $725 price target, said there was “a lot of noise” on Adobe’s full-year outlook, given foreign-exchange headwinds and a tough comparison to last year’s fiscal first quarter. While the company’s earnings were in-line with Wall Street expectations and revenue slightly beat estimates, its forecast for 2022 fell short.Īdobe forecast fiscal first-quarter earnings of $3.35 a share on revenue of $4.23 billion, while the Street was looking for $3.39 a share on revenue of $4.33 billion, according to FactSet. The post Adobe Illustrator CC 2020 With Crack Full Version appeared first on PirateCity.Adobe reported its fourth-quarter results ahead of the analyst day presentation Thursday. ![]() □ Adobe Illustrator CC 2020 incl Crack Download Links !ĭownload Adobe Illustrator CC 2020 Cracked.zip / Alternate Link / Mirror Link (1.5 GB)
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