Has Adobe Stock Hit A Ceiling?
- Monday, June 22, 2020, 7:11
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After a 40% rally off the March bottom, Adobe’s stock (NASDAQ: ADBE) seems to have run out of room to grow at the current price of around $425 based on our estimate for Adobe’s valuation. Notably, this is similar to the 40% growth in the S&P 500 over the same period…
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