Adobe Systems (ADBE) Downgraded by Zacks Investment Research to "Hold"

The company has market cap of $645.88 million. People s United Financial Inc. now owns 13,776 shares of the software company's stock valued at $1,948,000 after buying an additional 40 shares during the last quarter. About 59,363 shares traded or 7.05% up from the average. Invesco Ltd. (NYSE:IVZ) has risen 9.83% since January 12, 2017 and is uptrending. It has underperformed by 38.34% the S&P500.

Central Bank & Trust Co decreased Adobe Systems Incorporated (ADBE) stake by 4.46% reported in 2017Q3 SEC filing. Fic Capital Inc sold 2,058 shares as the company's stock rose 14.01% with the market. The hedge fund run by Michael R. Weisberg held 72,090 shares of the prepackaged software company at the end of 2017Q3, valued at $10.75 million, up from 64,800 at the end of the previous reported quarter. The stock increased 2.78% or $5.26 during the last trading session, reaching $194.18.

Adobe Systems (NASDAQ:ADBE) traded up $6.13 during mid-day trading on Tuesday, reaching $195.05. It has outperformed by 25.59% the S&P500. Eight investment analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company. Therefore 83% are positive. Adobe Systems had 135 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has "Neutral" rating given on Thursday, April 21 by Credit Suisse. The firm earned "Buy" rating on Monday, December 11 by Cowen & Co. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Buy" rating given on Thursday, October 19 by Bank of America. Finally, Zacks Investment Research upgraded shares of Adobe Systems from a sell rating to a hold rating in a report on Friday, September 22nd. Vetr downgraded shares of Adobe Systems from a hold rating to a sell rating and set a $105.68 price target for the company.in a report on Thursday, October 20th. The firm earned "Outperform" rating on Friday, June 30 by RBC Capital Markets. Barclays restated a buy rating and set a $167.00 price objective on shares of Adobe Systems in a research report on Friday, September 15th. The stock has "Hold" rating by Deutsche Bank on Tuesday, September 26. Ing Groep Nv has invested 0.36% in Adobe Systems Incorporated (NASDAQ:ADBE). Its up 0.01, from 1.1 in 2017Q2. ADBE's profit will be $522.52 million for 46.00 P/E if the $1.06 EPS becomes a reality. 1,953 shares were sold by Lewnes Ann, worth $338,846 on Wednesday, December 13.

Since August 9, 2017, it had 1 insider buy, and 7 sales for $6.56 million activity. The insider Banse Amy bought 1,125 shares worth $199,520. 6,800 shares were sold by WARNOCK JOHN E, worth $1.18M. Its up 0.01, from 1.1 in 2017Q2. It improved, as 42 investors sold ADBE shares while 327 reduced holdings. 97 funds opened positions while 312 raised stakes. 378.89 million shares or 0.65% less from 381.37 million shares in 2017Q2 were reported. Patten Patten Inc Tn holds 0.69% in Adobe Systems Incorporated (NASDAQ:ADBE) or 43,892 shares. Wells Fargo & Mn reported 2,971 shares or 0% of all its holdings. Reilly Financial Advsr Llc reported 0% of its portfolio in EOG Resources, Inc. Atlantic Trust Gp Ltd Liability Corporation holds 1.02M shares or 0.68% of its portfolio. Huntington Savings Bank has 48,923 shares for 0.08% of their portfolio. Bank of Stockton raised its holdings in shares of Adobe Systems by 0.4% in the 2nd quarter. Df Dent Communications holds 3.1% or 819,793 shares. Timessquare Mgmt Ltd Co reported 16,640 shares. Adobe Systems Incorporated has a 52 week low of $107.06 and a 52 week high of $188.94. Moreover, Bradley Foster Sargent Ct has 0.73% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Lansdowne Ptnrs (Uk) Llp reported 15,661 shares stake. Zeke Capital Limited Liability Company holds 13,135 shares. Green Square Llc stated it has 0.25% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). BlackRock Inc. boosted its stake in Adobe Systems by 8.2% during the 2nd quarter.

Investors sentiment increased to 1.11 in 2017 Q3. Its the same as in 2017Q2. Fayez Sarofim And has invested 0% in Invesco Ltd. (NYSE:IVZ). Investec Asset Mngmt owns 428,390 shares. Fincl Architects Incorporated accumulated 140 shares. Gabelli Funds Limited Com holds 0.04% or 200,000 shares in its portfolio. Cubist Systematic Strategies Lc invested in 19,471 shares. Brown Advisory Incorporated stated it has 537,683 shares.

FDA Releases New Requirements For Prescription Opioid Cough And Cold Medicines
Cough is often secondary to infection, not serious, and usually will get better on its own so treatment may not be necessary. Slowed or hard breathing can also result from exposure to codeine or hydrocodone.

Arizona State Retirement Sys accumulated 136,818 shares or 0.24% of the stock. Boys Arnold & reported 0.53% stake. South Texas Money Management Limited accumulated 369,726 shares. Efg Asset (Americas) Corp has 27,219 shares for 1.54% of their portfolio. Amer Rech And Management reported 956 shares. First National Tru Co reported 0.04% of its portfolio in EOG Resources, Inc.

Since October 24, 2017, it had 0 buys, and 1 insider sale for $219,205 activity.

Analysts await SJW Group (NYSE:SJW) to report earnings on February, 28. They expect $0.20 EPS, down 31.03% or $0.09 from last year's $0.29 per share. SJW's profit will be $9.03 million for 33.27 P/E if the $0.44 EPS becomes a reality.

Among 35 analysts covering Schlumberger Limited. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Investorplace.com and their article: "Technicals Tell: Not the Time to Buy Adobe Systems Incorporated Stock" published on December 21, 2017 as well as Fool.com's news article titled: "Why Adobe Systems Incorporated Stock Jumped 70.2% in 2017" with publication date: January 06, 2018. Therefore 65% are positive. After $1.05 actual EPS reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 0.95% EPS growth. The firm has "Mkt Perform" rating given on Friday, December 2 by Bernstein. Credit Suisse maintained Danaher Corporation (NYSE:DHR) on Friday, October 20 with "Outperform" rating. (NYSE:PNC) earned "Hold" rating by Societe Generale on Tuesday, March 22. The firm has "Buy" rating by Jefferies given on Friday, September 18. The company was upgraded on Monday, May 23 by Goldman Sachs. Deutsche Bank maintained Invesco Ltd. (NYSE:IVZ) rating on Monday, July 18. Robert W. Baird has "Neutral" rating and $85.0 target. The stock of Danaher Corporation (NYSE:DHR) earned "Buy" rating by Evercore on Wednesday, January 3.

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