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flag Investment firm buys Adobe shares; company reports strong earnings, beating estimates.

flag Investment firm 1248 Management LLC recently bought 86 shares of Adobe Inc. (ADBE) for about $33,000. flag Adobe reported a strong quarter with earnings per share of $5.31, beating estimates by $0.13, and revenue of $5.99 billion, slightly above forecasts. flag The company has a "Moderate Buy" consensus rating and a target price of $435.63. flag Adobe's FY 2025 guidance is set at 20.800-20.850 EPS.

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