Adobe Systems Incorporated (ADBE) Receives Consensus Recommendation of "Buy" from Brokerages

Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 15, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Lipe & Dalton decreased its stake in Mondelez Intl Inc Cl A (MDLZ) by 7.03% based on its latest 2017Q3 regulatory filing with the SEC. Castleark Management Llc sold 48,717 shares as Adobe Sys Inc (ADBE)'s stock rose 14.01%. The Schaper Benz & Wise Investment Counsel Inc holds 109,682 shares with $16.36 million value, down from 112,224 last quarter. Freshford Capital Management Llc who had been investing in Cheniere Energy Inc for a number of months, seems to be bullish on the $13.02 billion market cap company. The stock increased 0.45% or $0.49 during the last trading session, reaching $110.13. Grove Bank & Trust now owns 4,546 shares of the software company's stock worth $678,000 after purchasing an additional 591 shares during the last quarter. IDEXX Laboratories, Inc. (NASDAQ:IDXX) has risen 83.30% since January 15, 2017 and is uptrending. It has outperformed by 41.59% the S&P500.

According to 32 stock analysts, Adobe Systems Incorporated, is being kept at an average Outperform, rating, with at least 0.83% of shares outstanding that are now legally short sold. Therefore 76% are positive. IDEXX Laboratories had 22 analyst reports since July 24, 2015 according to SRatingsIntel. The company was reinitiated on Thursday, April 21 by Credit Suisse. (NASDAQ:MDLZ) on Friday, July 31 with "Buy" rating. Pivotal Research raised shares of Adobe Systems from a "sell" rating to a "hold" rating and boosted their target price for the company from $118.00 to $160.00 in a research note on Wednesday, October 18th. On Wednesday, March 23 the stock rating was maintained by Deutsche Bank with "Buy". Jefferies maintained the stock with "Buy" rating in Wednesday, September 20 report. The rating was maintained by Canaccord Genuity with "Buy" on Wednesday, September 20. JP Morgan upgraded the stock to "Overweight" rating in Thursday, December 8 report. Nine equities research analysts have rated the stock with a hold recommendation, twenty-four have given a buy recommendation and one has given a strong buy recommendation to the company. The rating was upgraded by Morgan Stanley on Friday, March 11 to "Overweight". 2,190 shares were sold by THOMPSON MATTHEW, worth $379,784 on Monday, October 23.

Analysts await Cimarex Energy Co. (NASDAQ:IDXX) to report earnings on February, 1. They expect $1.23 EPS, up 105.00% or $0.63 from last year's $0.6 per share. PFBC's profit will be $13.10 million for 17.61 P/E if the $0.90 EPS becomes a reality. After $1.09 actual EPS reported by Cimarex Energy Co. for the previous quarter, Wall Street now forecasts 12.84% EPS growth.

Hanseatic Management Services Inc, which manages about $222.00 million and $88.09M US Long portfolio, upped its stake in Boeing Company (NYSE:BA) by 3,021 shares to 6,244 shares, valued at $1.59 million in 2017Q3, according to the filing.

Since August 9, 2017, it had 1 insider purchase, and 7 sales for $6.56 million activity.


Investors sentiment decreased to 0.86 in 2017 Q3. Its up 0.01, from 1.1 in 2017Q2. It is negative, as 16 investors sold STRP shares while 24 reduced holdings. Sequoia Financial Advisors LLC boosted its position in shares of Adobe Systems by 24.8% during the 2nd quarter. Kames Capital Public Limited has 0.05% invested in IDEXX Laboratories, Inc. Moreover, Mitchell Group Inc has 5.16% invested in the company for 287,685 shares. (NASDAQ:IDXX) for 193,559 shares. However, at the Wall Street, the shares for the company has been tagged a $197.43 price target, indicating that the shares will rally 1.22% from its current levels. Mai Capital Management owns 5,015 shares or 0.06% of their United States portfolio. Assetmark Incorporated reported 64,305 shares. Invesco has invested 0.02% in Cheniere Energy, Inc. Plante Moran Financial Advsrs Lc has 0.06% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Croft holds 1.09% or 112,986 shares. Parallax Volatility Advisers Lp, California-based fund reported 875 shares.

Over the past five trading sessions shares of Impax Laboratories, Inc. (NYSEAMERICAN:LNG). Efg Asset (Americas) accumulated 0.18% or 10,688 shares. Enterprise Fincl owns 591 shares for 0.04% of their portfolio.

Investors sentiment increased to 1.11 in 2017 Q3. As of December 31, 2016, it had a total proved gas and oil reserves of 2.89 trillion cubic feet equivalent consisting of 1.47 trillion cubic feet of natural gas, 0.64 Tcfe of oil, and 0.78 Tcfe of natural gas liquids primarily located in the Mid-Continent and Permian Basin regions. It is positive, as 42 investors sold Adobe Systems Incorporated shares while 327 reduced holdings.

Several institutional investors and hedge funds have recently made changes to their positions in ADBE. Bankshares Of Montreal Can reported 531,120 shares. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.05 and a current ratio of 2.05. Riverpark Capital Ltd Liability Corporation reported 167,352 shares stake. Citigroup raised their target price on shares of Adobe Systems from $163.00 to $177.00 and gave the stock a "buy" rating in a research note on Thursday, October 19th.

Shares of Adobe Systems (NASDAQ:ADBE) opened at $195.05 on Monday. Great Lakes Lc stated it has 5,633 shares. Usca Ria Limited Com holds 0.05% or 2,571 shares. Finally, Zacks Investment Research lowered Adobe Systems from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 21st. Wells Fargo Mn accumulated 2.96M shares.

WARNING: "Adobe Systems Incorporated (ADBE) Receives Consensus Recommendation of "Buy" from Brokerages" was first published by Week Herald and is the property of of Week Herald. (NYSEAMERICAN:LNG). Susquehanna Int Llp accumulated 52,272 shares. Neuberger Berman Group invested in 0.06% or 342,259 shares. $3.97M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by GESCHKE CHARLES M. WARNOCK JOHN E also sold $1.18M worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, October 20. The shares were sold at an average price of $186.55, for a total transaction of $3,969,037.80. The figure tells us what earnings were generated from invested capital of Adobe Systems Incorporated. FMR LLC now owns 35,647,268 shares of the software company's stock valued at $5,041,950,000 after buying an additional 1,651,762 shares during the period.

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