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Stifel Analyst Maintains Buy Rating on Adobe (ADBE) After Earnings Beat

Adobe Inc. (NASDAQ:ADBE) is one of the AI Stocks Analysts Say You Should Watch Closely. On September 12, Stifel analyst Parker Lane reiterated a Buy rating on the stock with a $480.00 price target after the company posted better-than-expected quarterly results. The firm cited several factors behind Adobe’s strong performance, particularly its artificial intelligence initiatives, pricing strategies, and encouraging metrics around net user additions. It believes that Adobe has established a compelling case ...