Lookout for Price Target? Adobe Systems Incorporated (ADBE), Merck & Co., Inc. (MRK)

Washington Trust Bank now owns 840 shares of the software company's stock valued at $109,000 after buying an additional 102 shares during the last quarter. Symons Capital Management Inc who had been investing in The J.M. Smucker Company for a number of months, seems to be bullish on the $14.49 billion market cap company. The stock increased 0.92% or $0.15 during the last trading session, reaching $16.5. About 905,909 shares traded. It is down 0.00% since January 19, 2017 and is. It has underperformed by 17.65% the S&P500.

PRIMECAP MANAGEMENT CO/CA/ lowered its stake in Adobe Systems Incorporated (NASDAQ:ADBE) by 2.92% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Polen Capital Management Llc bought 226,286 shares as the company's stock rose 14.01% with the market. The institutional investor held 204,418 shares of the air freight and delivery services company at the end of 2017Q3, valued at $46.11M, up from 201,813 at the end of the previous reported quarter. The stock decreased 0.15% or $0.33 during the last trading session, reaching $220.

Adobe Systems Incorporated (NASDAQ:ADBE) soared 11.96% year-to-date. It has outperformed by 25.59% the S&P500.

Since August 9, 2017, it had 1 insider purchase, and 7 selling transactions for $6.56 million activity. Also, Director Amy Banse purchased 1,125 shares of the stock in a transaction that occurred on Monday, December 18th.

Adobe Systems (NASDAQ:ADBE) last announced its quarterly earnings data on Tuesday, June 20th. Zacks Investment Research upgraded shares of Adobe Systems from a "sell" rating to a "hold" rating in a report on Friday, September 22nd. Therefore 55% are positive. Equities analysts predict that Adobe Systems Incorporated will post $4.06 earnings per share for the current fiscal year. Stifel Nicolaus has "Buy" rating and $175.0 target. The rating was maintained by Stephens with "Buy" on Tuesday, January 2. Robert W. Baird set a $160.00 target price on shares of Adobe Systems and gave the company a "buy" rating in a report on Friday, October 6th. The firm earned "Market Perform" rating on Wednesday, September 30 by Hovde Group. The firm has "Buy" rating given on Wednesday, September 21 by UBS.

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Adobe Systems (NASDAQ:ADBE) last posted its earnings results on Thursday, December 14th. Amalgamated Commercial Bank has invested 0.28% in Adobe Systems Incorporated (NASDAQ:ADBE). The company has a market capitalization of $96,480.00, a P/E ratio of 57.74, a PEG ratio of 2.52 and a beta of 1.05. On Wednesday, November 22 the stock rating was maintained by Raymond James with "Buy".

The median estimate represents a 1.94% increase from the last price. Its down 0.10, from 1.22 in 2017Q2. Symons Capital Management Inc bought 103,382 shares as the company's stock declined 7.31% while stock markets rallied.

Other institutional investors and hedge funds also recently made changes to their positions in the company. 414.95 million shares or 0.84% less from 418.45 million shares in 2017Q2 were reported. Hillsdale Investment Mngmt Inc holds 0.05% or 2,100 shares in its portfolio. Liberty Mutual Gp Asset Mgmt Inc accumulated 0.18% or 21,985 shares. Bb&T Corporation has invested 0.11% in Adobe Systems Incorporated (NASDAQ:ADBE). Sheets Smith Wealth has 9,237 shares for 0.35% of their portfolio. This implies that they believe the stock has what it takes to lift the price another 0.63%. Louisiana State Employees Retirement Systems owns 30,800 shares or 0.22% of their USA portfolio. Credit Agricole S A stated it has 204,463 shares or 0.1% of all its holdings. Moreover, Bankshares Of Hawaii has 0.07% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Adobe Systems Incorporated price was kept to a minimum $194.06 in intra-day trade and has returned 11.96% this year alone. 12,791 are owned by Advisory Ser Net Limited Liability. Franklin Resources accumulated 547,560 shares. The Kansas-based Intrust Bank & Trust Na has invested 0.37% in Adobe Systems Incorporated (NASDAQ:ADBE). The shares of the corporation went up by 8.58% during the previous month.

Hhr Asset Management Llc, which manages about $2.77 billion and $1.92 billion US Long portfolio, upped its stake in Rh by 191,217 shares to 1.45M shares, valued at $101.82M in 2017Q3, according to the filing. About 2.34M shares traded. Therefore 25% are positive. Netflix had 211 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Friday, December 15 by Piper Jaffray. The firm has "Overweight" rating given on Friday, December 11 by JP Morgan. As per Friday, August 4, the company rating was maintained by Barclays Capital. The rating was maintained by Goldman Sachs with "Neutral" on Friday, March 18. They set a "buy" rating and a $217.00 price objective on the stock. The rating was initiated by BMO Capital Markets on Thursday, January 5 with "Outperform".

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.68, from 1.49 in 2017Q2. It increased, as 42 investors sold ADBE shares while 327 reduced holdings. 8 funds opened positions while 47 raised stakes. Associated Banc Corp now owns 4,165 shares of the software company's stock valued at $589,000 after purchasing an additional 60 shares during the last quarter. Fidelity National Fincl invested in 1.59% or 139,000 shares. Ahl Prns Ltd Liability Partnership accumulated 53,901 shares or 0.14% of the stock. Sumitomo Mitsui Trust invested in 1.42M shares or 0.3% of the stock. Illinois-based Driehaus Cap Mngmt Limited Liability has invested 0.1% in TC PipeLines, LP (NYSE:TCP). Lathrop reported 121,969 shares. (NASDAQ:NFLX). Financial Mngmt has invested 0.02% in Netflix, Inc. Cambridge Invest Rech Advisors, a Iowa-based fund reported 26,676 shares. Weatherly Asset Management Ltd Partnership has 5.46% invested in Netflix, Inc. Delta Asset Mngmt Limited Com Tn owns 7 shares. MDIBF's SI was 5.29M shares in January as released by FINRA. Edgestream LP has 16,553 shares for 1.32% of their portfolio. Tower Rech Ltd (Trc) invested 0.01% in Meridian Bancorp, Inc.

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