Adobe Inc. (ADBE) has an average upside potential of 70.9% despite recent price target reductions by Jefferies, HSBC, and Piper Sandler due to concerns over AI competition and sector sentiment. The company, known for its creative software, maintains a Moderate Buy rating. The article suggests that while Adobe has potential, other AI stocks might offer better short-term upside with less risk.
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Adobe Inc. (ADBE)'s Upside Potential at 71% Despite Recent Price Target Reductions
Adobe Inc. (ADBE) has an average upside potential of 70.9% despite recent price target reductions by Jefferies, HSBC, and Piper Sandler due to concerns over AI competition and sector sentiment. The company, known for its creative software, maintains a Moderate Buy rating. The article suggests that while Adobe has potential, other AI stocks might offer better short-term upside with less risk.