Wall Street Firms Cut Adobe Inc. (ADBE) Price Target but Tout Revenue Growth and Long-term Outlook

Adobe Inc. (NASDAQ:ADBE) is one of the best forever stocks to buy according to hedge funds. On December 15, BMO Capital lowered its price target of Adobe Inc. (NASDAQ:ADBE) to $400 from $405. However, the research firm reiterated an Outperform rating, impressed by the company’s fourth-quarter and fiscal 2025 results. Wall Street Firms Cut Adobe Inc. (ADBE) Price Target but Tout Revenue Growth and Long-term Outlook Copyright: photogearch / 123RF Stock Photo The company achieved record quarterly revenue o ...