Adobe: Panic Will Pass - Initiating With A Buy

Adobe reported 3QFY24 earning results in September, causing a dramatic market reaction to softer-than-expected Q4 guidance, overshadowing a stellar Q3 performance. What do you know? We saw the same thing play out Wednesday afterI’m a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I’ve spent over two decades in the market navigating th ...