ADOBE- THE UNDERVALUED GEM. BULLISH TARGET PRICE $660
DBS's ambitious Street-high target of $660 suggests that ADBE stock can rally as much as 90%.
The average analyst price target of $494.73 indicates 43% upside potential from current levels.
Adobe took a bold step into mobile AI last month with the launch of its Firefly smartphone app. Available on iOS and Android, the app combines Adobe’s own AI model with those from OpenAI and Google (GOOGL), bringing powerful, on-the-go creative tools to users’ fingertips.
ADOBE HAS NEVER BEEN SO UNDERVALUED AND CHEAP FOR THE PAST DECADE .
ISN'T IT TIME TO SCOOP UP SOME BARGAINS
AS WARREN BUFFETT SAID "Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."
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ADOBE IS GIVING A STRONG MANDATE SIGNAL THAT THEIR SHARE PRICE IS TOO UNDERVALUED BY STARTING TO DO SHARES BUYBACK
$BABA-W(09988)$
$Amazon.com(AMZN)$
$Microsoft(MSFT)$
$MEITUAN-W(03690)$
$Meta Platforms, Inc.(META)$
Authorization Date: March 14, 2024
Authorized Amount: $25 Billion
Expiration: March 14, 2028
Strategy: This new authorization is significantly larger than previous ones (which were typically in the $10B–$15B range), signaling management's strong intent to return capital to shareholders and reduce the overall share count through 2028.
ADOBE IS GIVING A STRONG MANDATE SIGNAL THAT THEIR SHARE PRICE IS TOO UNDERVALUED BY STARTING TO DO SHARES BUYBACK
$BABA-W(09988)$
$Amazon.com(AMZN)$
$Microsoft(MSFT)$
$MEITUAN-W(03690)$
$Meta Platforms, Inc.(META)$
BUY CHEAP
DBS IS BULLISH ON ADOBE !!
BUY ADOBE !!
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