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Adobe Inc (ADBE)'s Mixed Q4 Results Lead to Adjusted Price Target by BofA [Yahoo! Finance]
Last adobe inc. earnings: 3/12 04:05 pm
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US:NASDAQ Investor Relations: adobe.com/investor-relations.html
Adobe Inc. (ADBE) reported mixed Q4 results, leading Bank of America (BofA) to lower its price target to $605 from $640, while maintaining a 'Buy' rating. Despite this, the analyst noted some encouraging leading indicators for growth in the coming year. The new target is based on a lower multiple applied to the firm's calendar year 2026 free cash flow estimate, reflecting the lowered FY25 outlook. Meanwhile, the article also discusses the global AI landscape, with Russia forming an AI Alliance Network with BRICS countries and other nations to challenge the US and China's dominance in the field. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No We recently published a list of Top 10 AI News You Shouldn't Miss . In this article, we are going to take a look at where Adobe Inc. (NASDA
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NEWS
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- The Art of Valuation: Discovering Adobe Inc's Intrinsic Value [Yahoo! Finance][Yahoo! Finance]
- AI ‘Roadkill' Fears Haunt Traders Two Years After ChatGPT Debut [Yahoo! Finance Canada][Yahoo! Finance Canada]
- https://seekingalpha.com/article/4745890-adobe-stock-firecracker-long-fuse-hold-now-buy-later [Seeking Alpha][Seeking Alpha]
- AI ‘Roadkill' Fears Haunt Traders Two Years After ChatGPT Debut [Yahoo! Finance Canada][Yahoo! Finance Canada]
- AI ‘Roadkill' Fears Haunt Traders Two Years After ChatGPT Debut [Yahoo! Finance][Yahoo! Finance]
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ADBE
SEC Filings
SEC Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/11/24 - Form 8-K
- ADBE's page on the SEC website
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