Featured Tech Stocks represent leading technology companies with strong market presence, influential in their industries, and notable for robust innovation and profitability. These firms are market leaders, significantly affecting the tech sector and broader economy.
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Adobe Analyst Ratings
Adobe "exploded", the monetization of AI is a long way to go.
HSBC has lowered Adobe's Target Price from $536 to $510, implying a potential downside of about 7.26% from the current price, and maintains a 'Hold' rating. HSBC believes that the company is facing difficulties in effectively monetizing its AI capabilities, and the efforts made in AI have not resulted in revenue growth, potentially weakening its competitive advantage.
Biggest Stock Movers Thursday: ADBE, NDSN, and More
Microsoft Brings iPhone File Sharing To Windows PCs With New Phone Link Update: Here's What You Need To Know