📉🚀 $ADBE (Adobe Systems Inc) Under the Lens: What Does the $625 Price Target Cut Mean? 📈💡
Last Friday, $SF.US (Stifel Financial Corporation) adjusted Adobe's price target to $625, citing concerns over guidance despite maintaining a Buy rating.
While Q1 results were solid, future projections raised doubts. Stifel remains bullish on Adobe's AI, but the expectation of broader adoption might take time. Stay tuned for further updates at the Summit conference in March 2024! 🚀
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