JPMorgan lowered the firm’s price target on Adobe (ADBE) to $540 from $580 and keeps an Overweight rating on the shares. The company reported ...

Adobe analysts come away with positives from the company's Q1 results, including more visibility in AI monetization efforts.

Adobe (NASDAQ:ADBE – Get Free Report) had its target price dropped by equities researchers at JPMorgan Chase & Co. from $580.00 to $540.00 in a note issued to investors on Thursday,Benzinga reports.

Adobe's (NASDAQ:ADBE) stock jumped 15% on Friday after second quarter results beat estimates and the shares saw a rating upgrade and target price raised at Wall Street. JPMorgan upgraded the stock ...