Adobe, Inc. (NASDAQ:ADBE) shares rose on Thursday as investors and Wall Street digested the software company’s fourth-quarter earnings report.
- ADBE stock is moving. See the chart and price action here.
JPMorgan analysts weighed in on the report on Thursday, highlighting the “stickiness” of Adobe’s product ecosystem.
Read Next: Looking For A Squeeze? Top 10 Most Shorted Stocks Right Now
The firm said the software giant is leveraging deep customer loyalty and rapid AI adoption to drive growth, prompting the analysts to maintain an Overweight rating and a $520 price target on Adobe shares.
The product “stickiness” is visible in the company’s deal …