Best Analyst Reports for Disney, Adobe and Wells Fargo

Thursday 23 September 2021

Zacks Research Daily features the best research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including The Walt Disney Company (SAY), Adobe Inc. (ADBE) and Wells Fargo & Company (WFC). These research reports were handpicked from the roughly 70 reports released by our team of analysts today.

You can see all today’s research reports here >>>

Actions of Disney have significantly outperformed the Zacks Media industry over the past year (+ 44% vs. + 21.9%). The Zacks analyst believes that an expanding international footprint and a strong content portfolio have fueled the growth of Disney + users.

The launch of STAR + in Latin America is expected to further drive subscriber growth. The relaunch of the Parks, Experiences and Products activities is also promising. Higher programming costs at ESPN, heavy investments in ESPN + and Disney +, and the closure of cruise operations are some of the main headwinds for the company.

(You can read the full Disney research report here >>>)

Adobe stocks have gained + 39.8% in the past six months against Zacks Software’s industry gain of + 26.9%. The Zacks analyst believes that growth in emerging markets, strong adoption of Acrobat and improving average revenue per user are key growth catalysts for the company.

The company’s Creative Cloud, Document Cloud, and Adobe Experience Cloud drove revenue growth in the third fiscal quarter. Adobe has significant exposure to Europe and the current currency headwinds facing U.S. companies operating in Europe could impact the company’s fiscal 2021 results. Falling demand in the end market and high acquisition costs are other major obstacles.

(You can read the full Adobe research report here >>>)

Actions of Wells fargo have gained + 6.3% in the last three months against the industry gain of + 0.8% of the large regional banks of Zacks. Zacks analyst believes Wells Fargo continues to benefit from strong deposit growth, strong capital position and improved credit quality.

Restructuring measures and profitability initiatives are expected to continue to support the company’s revenues. The gradual economic recovery and continued government stimulus are expected to further improve credit quality. Low interest rates and the volatility of commission income, however, are major obstacles. Declining loan balances as well as declining mortgage servicing income are other concerns.

(You can read the full Wells Fargo research report here >>>)

Other notable reports we present today include BlackRock, Inc. (BLACK), IHS Markit Ltd. (INFO) and Vertex Pharmaceuticals Incorporated (VRTX).

Sheraz Mian

Research Director

Note: Sheraz Mian heads the equity research department at Zacks and is a renowned expert on aggregate earnings. He is frequently cited in print and electronic media and publishes the weekly Income trends and Income overview reports. If you would like to receive an email notification every time Sheraz publishes a new article, please click here >>>

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Wells Fargo & Company (WFC): Free Inventory Analysis Report

BlackRock, Inc. (BLK): Free Stock Analysis Report

Vertex Pharmaceuticals Incorporated (VRTX): Free Stock Analysis Report

The Walt Disney Company (DIS): Free Stock Analysis Report

Adobe Inc. (ADBE): Free Stock Analysis Report

IHS Markit Ltd. (INFO): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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