Adobe (ADBE) Stock On Analyst Radar Following Earnings

Adobe Inc. (NASDAQ:ADBE) is one of the AI Stocks That Will Skyrocket. On March 13th, investment bank UBS was out with a pessimistic note about software firm Adobe Inc. (NASDAQ:ADBE). It reduced the share price target to $290 from $340 and kept a Neutral rating on the shares, as per The Fly. The coverage came after Adobe Inc. (NASDAQ:ADBE)’s fiscal first-quarter results, as analysts warned that despite beats on multiple metrics, tailwinds such as AI disruption and recurring revenue growth pressures remaine ...

Adobe (ADBE) Stock On Analyst Radar Following Earnings - Reportify