Adobe Inc. (ADBE)’s Upside Potential at 71% Despite Recent Price Target Reductions
YahooAshar Jawad
Adobe Inc. (ADBE)’s Upside Potential at 71% Despite Recent Price Target Reductions
Adobe Inc. (NASDAQ:ADBE) is among the 10 Best Magic Formula Stocks for 2026. On February 23, Jefferies slashed its price target on the stock to $290 from $400, citing the ongoing negative sentiment around application software names, while reiterating a Hold rating. Shares fell sharply in response to the development, slumping 4.61% on Monday to
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