1348 EST [Dow Jones] -- Adobe Inc. is one of the most talked-about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The company said Thursday that fourth-quarter revenue rose 10% to $4.5 billion on continued strong demand. It also issued first-quarter adjusted earnings guidance above Wall Street estimates. On Friday, analysts increasing price targets included Piper Sandler, which raised its target to $380 from $345. Shares recently traded up 3.2% to $339.27. (josh.beckerman@wsj.com)

(END) Dow Jones Newswires

December 16, 2022 14:04 ET (19:04 GMT)

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