Analyst Kash Rangan of Goldman Sachs reiterated a Buy rating on Adobe (ADBE – Research Report), retaining the price target of $640.00.
Analyst Derrick Wood from TD Cowen maintained a Buy rating on Adobe (ADBE – Research Report) and keeping the price target at $625.00.
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significantly higher than its three-year average price-to-sales (P/S) ratio of 20.7. That may be too high for many investors. Adobe, best known for its Acrobat and Photoshop software, came out ...
The astonishing rally in U.S. stocks that started at the beginning of 2023 was predominantly driven by the technology sector.
However, the stock is trading at 33.6 times trailing-12-month sales, significantly higher than its three-year average price-to ... Here's why. Adobe, best known for its Acrobat and Photoshop ...
Despite solid performance, Adobe's Q4 revenue outlook missed analyst expectations, causing a 9% drop in share price on Friday ... of AI assistants in Adobe Acrobat and Reader.
ADBE's growing generative AI capabilities boost its prospects and drive customer momentum amid macro headwinds.