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Adobe Stock To Turn From Laggard To Leader, Analysts Highlight 'AI Monetization Opportunities' From MAX Creativity Conference
14 Analysts Have This To Say About Adobe
Adobe CFO: AI has been "monetized".
On Monday, adobe impressed Wall Street analysts with its generative ai innovation at the start of its Adobe Max conference. While monetizing these ai is an ongoing effort, Adobe's stock price rose on Tuesday. Adobe's CFO, Dan Durn, said, "We are already monetizing this technology today." Durn stated that Adobe has embedded ai technology into its existing products such as Photoshop, Illustrator, and Premiere Pro for users to utilize.
RBC Capital Maintains Adobe(ADBE.US) With Buy Rating, Maintains Target Price $610
Stifel Maintains Adobe(ADBE.US) With Buy Rating, Maintains Target Price $650
