Adobe's price hikes boost confidence and AI role, viewed positively by Jefferies.

From Yahoo Finance: 2025-05-17 12:30:00

Adobe has announced a price increase for its Creative Cloud All Apps, raising the individual version to $70 per month from $60 and the Teams plan to $100 from $90. Jefferies views this positively, believing the hikes boost revenue confidence and complement Firefly, enhancing Adobe’s AI role. The firm maintains a Buy rating with a $590 price target.



Read more at Yahoo Finance: Adobe price hikes make 2025 guidance conservative, says Jefferies