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Adobe Inc. (NASDAQ: ADBE) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $625.00 price target on the stock.

Adobe Inc. (NASDAQ: ADBE) had its "buy" rating re-affirmed by analysts at Bank of America Co.. They now have a $640.00 price target on the stock.

Adobe Inc. (NASDAQ: ADBE) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.

Hey there! So, I've been keeping an eye on Adobe Inc., and I've got to say, I'm pretty excited about what I'm seeing. With all this AI buzz in the tech world, Adobe's not just sitting on the sidelines. They're jumping right in with their Firefly AI video tools, set to launch by the end of 2024. How cool is that? Imagine being able to whip up videos from just text and images! It's like having a mini Hollywood studio at your fingertips. Now, I know the current price is hovering around $471, but I've got a hunch it could climb to about $520. Why? Well, Adobe's not just any software company. They're positioning themselves as the go-to for AI-powered content creation. And in a world where content is king, that's a pretty sweet spot to be in. Sure, there are big players like Apple and NVIDIA making waves in AI, but Adobe's got something special. They're focusing on what they do best – creative tools – and supercharging them with AI. It's like they're turning every designer into a superhero! But here's the kicker – they're not just throwing AI at everything and hoping it sticks. They're using licensed datasets, which means they're playing it safe and smart. In a world where AI ethics are becoming a big deal, that's a smart move. So, what's the bottom line? I'm feeling pretty bullish about Adobe. They're not just riding the AI wave; they're crafting their own surfboard. It's like they're painting their future with AI-powered brushes, and I think that canvas could be worth a lot more soon. Just my two cents, though!

Adobe Inc. (NASDAQ: ADBE) was upgraded by analysts at Argus to a "strong-buy" rating.

Adobe Inc. (NASDAQ: ADBE) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $610.00 price target on the stock.

Adobe Inc. (NASDAQ: ADBE) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $635.00 price target on the stock.

Adobe Inc. (NASDAQ: ADBE) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $610.00 price target on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target raised by analysts at BMO Capital Markets from $580.00 to $600.00. They now have an "outperform" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Piper Sandler from $635.00 to $600.00. They now have an "overweight" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Oppenheimer Holdings Inc. from $625.00 to $600.00. They now have an "outperform" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Stifel Nicolaus from $650.00 to $600.00. They now have a "buy" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Bank of America Co. from $640.00 to $605.00. They now have a "buy" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Mizuho from $640.00 to $620.00. They now have an "outperform" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at BMO Capital Markets from $600.00 to $570.00. They now have an "outperform" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $650.00 to $600.00. They now have a "buy" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Jefferies Financial Group Inc. from $700.00 to $650.00. They now have a "buy" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Royal Bank of Canada from $610.00 to $590.00. They now have an "outperform" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Barclays PLC from $675.00 to $645.00. They now have an "overweight" rating on the stock.

Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Sanford C. Bernstein from $644.00 to $587.00. They now have an "outperform" rating on the stock.