Adobe Inc

NASDAQ:ADBEUnited States

By David Wainer and Dan Gallagher

Donald Trump's victory could prove to be just what the doctor ordered for dealmakers. That is particularly the case in sectors where consolidation has been most held back, including tech and healthcare. But much remains to be seen -- especially considering some of the populist forces that helped propel the 45th President to another term.

10:01 AM EST, 11/06/2024 (MT Newswires) -- Adobe (ADBE) has an average outperform rating and price target range of $440 to $704.55, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research from major b...

1245 ET - Data from Adobe's digital marketing cloud shows that online holiday spending during November and December could total $241 billion, up 8.4% from last year, UBS analysts say in a research note. That's above the 4.9% increase seen last year. Analysts attributed the expected higher sales to easing inflationary pressures, merchants pushing mobile sales and early promotions. Despite starting earlier, however, promotions are likely to be slightly lower than last year, they warn. Electronics, cosmetics and apparel are all likely to be popular gifts, as each category is projected to post strong year-over-year growth, analysts say. Online sales of groceries and furniture and home goods are expected to slow. (connor.hart@wsj.com)

05:24 PM EDT, 10/31/2024 (MT Newswires) -- Jillian Forusz, SVP & CAO, on Oct. 29, sold 676 shares in Adobe (ADBE) for $327,987. Following the Form 4 filing with the SEC, Forusz has control over a total of 2,715 shares of the company, with 2,715 shar...