Fundamentals Say Bet Against the Recent Adobe Downgrade
Wall Street analysts often adjust their price targets based on a stock’s momentum and popularity—moves designed more to protect their careers than to reflect true value. They tend to avoid backing underperforming stocks, which makes their targets less reliable during market downturns and periods of volatility. Adobe TodayADBEAdobe330.04▼433.41Add to WatchlistThat’s why strong fundamentals remain essential for making sound investment dec ...