LS Investment Advisors LLC Buys 1069 Shares of Adobe Inc (NASDAQ:ADBE)
Summary
LS Investment Advisors LLC increased its holdings in shares of Adobe Inc (NASDAQ:ADBE) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. KeyCorp dropped their price objective on shares of Adobe from $286.00 to $282.00 and set an “overweight” rating on the stock in a research report on Friday, December 14th. Credit Suisse Group reiterated a “buy” rating and set a $300.00 price target on shares of Adobe in a research report on Monday, December 10th. Finally, Nomura set a $315.00 price objective on Adobe and gave the company a “buy” rating in a report on Friday, December 14th. In related news, EVP Bradley Rencher sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, January 31st.
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