Adobe Inc. (NASDAQ:ADBE) is considered one of the most undervalued tech giants to buy according to hedge funds, with a ‘Buy’ rating from 67% of analysts and a median price target of $422.50, implying a 19.73% upside potential. Analysts have adjusted their forecasts following the company’s strong fourth-quarter results on December 10.

Several analysts have revised their price targets for Adobe Inc. (NASDAQ:ADBE) after its fourth-quarter results, with BMO Capital lowering it to $400 from $405 and Evercore ISI reducing it to $425 from $450. Despite a solid FY26 guidance, the outlook reflects moderate growth compared to FY25. The company operates through various segments such as Digital Media and Document Cloud.

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Read more at Yahoo Finance: What’s Next for Adobe Inc. (ADBE)?