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Equity Markets Fall Intraday as Mega-Cap Stocks Weigh
US benchmark equity indexes were lower intraday amid declines in certain mega-cap stocks. The Nasdaq Composite was down 1.5% at 19,569.1 after midday Tuesday, while the S&P 500 fell 0.7% to 5,932.8.
Netflix Stock Could Soon Stage a Rebound
Streaming giant Netflix (NASDAQ:NFLX) has pulled back from its recent Dec. 11 record high of $941.75, last seen down 0.3% at ...
Wells Fargo Reaffirms Their Buy Rating on Adobe (ADBE)
Wells Fargo analyst Michael Turrin maintained a Buy rating on Adobe (ADBE – Research Report) today and set a price target of $640.00. The ...
Adobe Inc. stock underperforms Tuesday when compared to competitors
Adobe Inc. closed $215.62 below its 52-week high ($638.25), which the company achieved on February 2nd.
Adobe price target lowered to $650 from $700 at Wells Fargo
Wells Fargo analyst Michael Turrin lowered the firm’s price target on Adobe (ADBE) to $650 from $700 and keeps an Overweight rating on the ...