IBM says use of Adobe AI tools in marketing boosted productivity
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Deutsche Bank Pounds the Table on Adobe (ADBE), Likes the Bull Story into Earnings, 'our partner checks reflect a stable demand environment'
March 7, 2024 5:12 AM ESTDeutsche Bank analyst Brad Zelnick reiterated a Buy rating and $650.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "Adobe heads into F1Q earnings on Thursday, March 14th with sentiment decidedly more bearish on the name than in recent quarters. We expect the magnitude of F1Q DM NNARR upside to be particularly in focus given seemingly conservative FY24 guidance and we expect the level of outperformance seen in the quarter will likely set the tone for the rest of the year. We... More
