Wall Street sets Adobe stock price for next 12 months

The stock value of computer software company Adobe  (NASDAQ: ADBE) is experiencing short-term price gains as it aims to enhance its product offerings by incorporating elements such as high-soaring artificial intelligence (AI) technology.In this line, Adobe’s stock has experienced a remarkable 70% surge over the past year, reaching $570.93 by press time. Despite this impressive performance, the current valuation reflects year-to-date losses of nearly 2%. Nevertheless, the stock has demonstrated resilience, p ...