Reported 1 day ago
DA Davidson has maintained its Buy rating for Adobe Inc. (NASDAQ:ADBE) after the company reported earnings for Q3 FY 2025, setting a price target of $500. The firm highlighted Adobe's early achievement of $250 million in AI-first Annual Recurring Revenue (ARR) and noted its ongoing share buyback and strong operating margins, which support anticipated double-digit earnings growth. While Adobe is a solid investment, DA Davidson suggests that some AI stocks may present greater upside potential.
Source: YAHOO