Adobe Upgraded To Buy By HSBC

HSBC upgrades Adobe to Buy with $308 target Adobe's stock rose after HSBC upgraded the company to Buy from Hold. The upgrade came with a price target increase to $308 from $282. The decision was based on limited AI disruption to Adobe's business. Th

HSBC upgrades Adobe to Buy with $308 target

Adobe’s stock rose after HSBC upgraded the company to Buy from Hold.

The upgrade came with a price target increase to $308 from $282.

The decision was based on limited AI disruption to Adobe’s business.

The upgrade led to a 2% premarket rise in Adobe’s shares on Thursday.

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