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Adobe a ‘long-term AI winner', says DA Davidson

Adobe a ‘long-term AI winner', says DA Davidson

Yahoo3 hours ago

DA Davidson keeps a Buy rating and $500 price target on Adobe (ADBE) after meeting with its management team. The firm has come away incrementally more positive about the company's commercially safe approach to digital content generation, disciplined expense management, and top line resiliency, the analyst tells investors in a research note. The firm views Adobe as a long-term AI-winner with the current price representing an attractive entry point for a category leader with best in class margins.
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Infosys, Adobe partner to utilize AI for marketing life cycle
Adobe's Strategic Positioning and Strong Financial Performance Drive Positive Outlook
Adobe's Strong Financial Performance and AI-Driven Growth Justify Buy Rating
Adobe price target lowered to $450 from $465 at Citi
Adobe price target lowered to $500 from $600 at Argus
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