From: JakeStraw | 12/14/2018 11:42:57 AM | | | | Adobe had its price target raised by analysts at BMO Capital Markets from $295.00 to $300.00. They now have an "outperform" rating on the stock. |
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From: JakeStraw | 1/24/2019 7:46:39 AM | | | | Adobe today announced that it has acquired Allegorithmic, the French company behind the Substance tools for creating textures that are widely used by AAA game creators, as well as visual effects artists, animators and designers. Over time, Adobe will bring many of Allegorithmic’s technologies to its various Creative Cloud tools, many of which already offer complementary tools. Beyond those integrations, though, what this acquisition is really about is the fact that 3D design and creating 3D content is becoming increasingly important for the creatives who use Adobe’s tools. With Adobe Dimension and, more recently, Project Aero for creating AR experiences, the company has started focusing on 3D, and this acquisition will bring both talent and technology to the company. techcrunch.com |
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From: JakeStraw | 3/15/2019 8:00:56 AM | | | | Adobe Reports Record Revenue
Strong Results Include Record Adobe Document Cloud Performance; Company Increases Fiscal 2019 Targets businesswire.com “Adobe is fueling the creative economy, driving the paper-to-digital revolution and enabling businesses to transform through our leadership in customer experience management,” said Shantanu Narayen, president and CEO, Adobe. "Our results in Q1 reflect continued momentum across Adobe Creative Cloud, Document Cloud and Experience Cloud."
“We’re off to a strong start in fiscal 2019, with record revenue, strong earnings and more than $1 billion of operating cash flow in our first quarter," said John Murphy, executive vice president and CFO, Adobe. |
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From: JakeStraw | 4/4/2019 11:48:01 AM | | | | Adobe and Drift Launch Industry-First Conversational Account-Based Experience for Marketo Engage
Conversational ABM™ for Marketo Engage Empowers B2B Marketers to Advance Personalization Beyond Content, Powering Real-time Conversations with Target Accounts at Every Stage of a Brand’s Digital Journey news.adobe.com |
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From: JakeStraw | 4/29/2019 12:13:07 PM | | | | Adobe was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $340.00 price target on the stock, up previously from $282.00. |
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From: JakeStraw | 5/9/2019 12:20:52 PM | | | | Adobe Named a Leader in 2019 Gartner Magic Quadrant for Multichannel Marketing Hubs news.adobe.com Adobe and Marketo, an Adobe Company, Recognized Based on Completeness of Vision and Ability to Execute
Together, Adobe Campaign and Marketo Engage, part of Adobe Marketing Cloud in Adobe Experience Cloud, empower B2C and B2B marketers to deliver amazing customer experiences across the customer journey. Adobe Sensei powers Adobe Marketing Cloud with AI and machine learning, so marketers can work smarter and more efficiently. Adobe Campaign, the company’s cross-channel campaign management offering, helps B2C marketers personalize customer experiences across online channels, such as email and mobile, and offline channels like direct mail and point of sale. Email and campaign management capabilities in Adobe Campaign built on Adobe Experience Platform, the industry’s first open platform for CXM, empower real-time customer engagement. With Marketo Engage, part of Adobe Marketing Cloud, B2B companies can align marketing and sales teams. Marketo Engage helps B2B companies orchestrate personalized experiences, optimize content and measures business impact across channels, from consideration to advocacy. |
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