DA Davidson

DA Davidson maintains Adobe’s (NASDAQ:ADBE) neutral rating and $350 price target

DA Davidson analyst Gil Luria maintains a neutral rating on Adobe (NASDAQ:ADBE) and a $350 price target. The analyst told investors in a research note that the company is ready for slower growth in the software market in 2023 and that the acquisition of Figma represents a good strategic fit; Despite the limited upside in the guidance, there is some ongoing uncertainty surrounding the Figma trade.

DA Davidson maintains Adobe’s (NASDAQ:ADBE) neutral rating and $350 price target Read Post »

DA Davidson: Pacwest Bancorp (NASDAQ:PACW) presents a buying opportunity with its price target cut to $29

D.A. Davidson analysts Gary Tenner and Clark Wright said the Silicon Valley bank bankruptcy is a buying opportunity for PacWest (NASDAQ:PACW) stock. “We think last week’s sell-off provides a more attractive buying point for investors, especially after the Fed’s announcement on Sunday of the launch of the Bank’s Term Financing Program (BTFP),” the analyst said. “Analysts upgraded the stock to Buy and lowered its price target to $29.

DA Davidson: Pacwest Bancorp (NASDAQ:PACW) presents a buying opportunity with its price target cut to $29 Read Post »

DA Davidson: Lowered Affirm Holdings(Nasdaq:AFRM) price target to $20 Maintain Buy rating

D.A. Davidson analyst Christopher Brendler lowered Affirm Holdings(Nasdaq:AFRM) price target to $20 from $24, but maintained a buy rating on the stock. The analyst told investors in a research note that the company’s second-quarter results were disappointing overall, but remained bullish on Affirm’s pricing moves to improve its top-line trend in the second half of the year. He further noted that the improvement in credit quality is “a big plus to secure funding,” while predicting that the company will be a “long-term winner” in the pay-as-you-go space.

DA Davidson: Lowered Affirm Holdings(Nasdaq:AFRM) price target to $20 Maintain Buy rating Read Post »

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