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DA Davidson Maintains Buy on Adobe, Raises Price Target to $685
DA Davidson analyst Gil Luria maintains Adobe (NASDAQ:ADBE) with a Buy and raises the price target from $640 to $685.
Top Performing Industry ETFs In June: Software Leads Returns, Chipmakers Attract Most Inflows
June closed on a high note for the stock market, with the S&P 500, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), gaining 3.2%, despite significant disparities in sector and industry performances.T
ProPicks "Beat the S&P 500" Surges 3.70% in June 2024, Led by Adobe's 24.91% Gain
US Stock Market Outlook: Three major futures indexes are slightly up before opening. Powell's heavyweight non-farm data will be released this week; Goldman Sachs warns that hedge funds are selling and shorting US stocks at the fastest pace in two years.
70 percent of the public question Biden's ability, but core members within the Democratic Party still support him: Biden should not withdraw from the race. Morgan Stanley says Trump's prospects have boosted yields on U.S. bonds, and the steepening yield curve makes trade more attractive. Tesla is about to announce Q2 delivery data and is expected to show a consecutive decline for the second quarter.
Can technology companies' investments in AI be proportional to their returns? Goldman Sachs questioned this.
①Technology companies are actively pursuing AI technology and investing heavily in it; ②However, a recent report by Goldman Sachs questions the potential return on investment in AI for technology companies; ③Goldman Sachs' Jim Covello pointed out that he does not believe that the cost of AI will significantly decrease over time.
Why Did Analysts Give Adobe, Inc. (ADBE) a Moderate Buy Rating?
We recently compiled a list of the 10 Best Cloud Computing Stocks to Buy Now.