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Stifel Sticks With Buy on Adobe (ADBE) Despite Generative AI Headwinds
Yahoo Finance· 2025-09-11 04:12
Adobe Inc. (NASDAQ:ADBE) is one of the Hot AI Stocks to Keep on Your Radar. On September 9, Stifel analyst Parker Lane reiterated a Buy rating on the stock with a $480.00 price target. The rating follows investor concerns regarding Adobe’s competitive moat as newer and more disruptive models leveraging generative AI are emerging. The firm talked to five Creative Cloud customers to see how leading brands have been adapting. It believes that Adobe is ahead in AI adoption, i.e. Creative space seems further ...