Adobe Positioned for Growth Amid AI Opportunities,…
From Financial Modeling Prep: 2024-12-03 10:26:00
DA Davidson analysts reiterated a Buy rating on Adobe, citing strong growth and margin expansion prospects. Adobe’s market-leading margins are expected to improve further with operational scale and AI contributions. With a valuation at 26 times NTM earnings per share, Adobe is trading at a discount compared to peers, presenting a significant monetization opportunity with AI-generated content.
Read more at Financial Modeling Prep:: Adobe Positioned for Growth Amid AI Opportunities,…