Adobe starts roll-out of AI video tools, challenging OpenAI and Meta
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 11/4/2026
Go back to Adobe starts roll-out of AI video tools, challenging OpenAI and Meta
October 15, 2024 8:11 AM EDT
DA Davidson analyst Gil Luria reiterated a Buy rating and $685.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "Yesterday we attended Adobe Max and associated investor Q&A to get an update on the business and discuss a number of product announcements... More
October 15, 2024 6:28 AM EDT
RBC Capital analyst Alex Zukin reiterated an Outperform rating and $610.00 price target on Adobe (NASDAQ: ADBE)
The analyst comments "We attended Adobe Max where management showcased their latest innovations around Firefly Video, currently in beta, along with enhancements across the product suite.... More
October 15, 2024 5:54 AM EDT
Goldman Sachs analyst Kash Rangan reiterated a Buy rating and $640.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "We reiterate our Buy rating and $640 Price Target after attending Adobe MAX 2024. We leave the conference increasingly confident in Adobe's ability to rapidly innovate and deliver meaningful productivity boosts to users, thus driving long-term sustainable user growth, higher retention, and pricing leverage. As demand for content increases exponentially, with a projected 5x... More
October 15, 2024 5:38 AM EDT
Citi analyst Tyler Radke reiterated a Neutral rating and $616.00 price target on Adobe (NASDAQ: ADBE).
The analyst comments "Adobe kicked off Day 1 of the Max 2024 User Conference with several Creative Cloud new product announcements. This included the beta release of the much-anticipated Firefly... More
