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Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:43 EDTADBEAdobe price target raised to $80 from $60 at Cowen
Cowen raised its price target on Adobe following solid Q4 earnings. The firm cited strong bookings and a likely second half inflection in the Creative Cloud model transition. Shares are Outperform rated.
News For ADBE From The Last 14 Days
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July 20, 2015
09:02 EDTADBEAdobe names Abhay Parasnis as CTO, senior VP of Platform Technology & Services
Adobe named Abhay Parasnis as chief technology officer and senior vice president of platform technology and services. Parasnis will drive Adobe’s technology strategy, architecture and innovation roadmap for its cloud services, focusing on integration of its three cloud services; providing a consistent customer experience via the cloud; and enabling the company’s cloud-based go-to-market strategies. Parasnis brings nearly 20 years of experience in the software industry. Most recently, he was president and chief operating officer of venture-funded enterprise mobility leader Kony.

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