For a stock that is down by more than 27% over the past year, Adobe Inc. (NASDAQ:ADBE)’s shares were a breath of fresh air on Friday as they closed 1.4% higher. The day was quite eventful for the firm as it saw action by several analysts. For instance, investment bank Morgan Stanley recommended selling the […]

Adobe reports Q3 earnings Sept. 10; analysts expect EPS of $6.09 and revenue of $6.70B. CEO transition and mixed analyst ratings weigh on shares.

Adobe is in focus ahead of earnings, with analysts split on targets and charts showing a cooling bounce within a longer bearish trend.