BofA lowered the firm’s price target on Adobe (ADBE) to $605 from $640 and keeps a Buy rating on the shares. The Q4 results and outlook were “mixed,” though the firm sees “some encouraging leading ...
Adobe has had a brutal year. The stock is down roughly 31% year to date, trading near $245 and sitting much closer to its 52-week low than its 52-week high. Now one of its last major bulls on Wall ...