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ADBE Stock Prediction: Why Adobe Deserves A Price Target Of $350

This article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

The average 12-month price target for Adobe’s stock is only $317.42.
I am more optimistic on Adobe. I have a price target of $350 for its stock. Adobe’s Sensei Artificial Intelligence platform is reinvigorating the global creative industry.
Content is king especially now that most people are internet-dependent. Consequently, Adobe Sensei helping creative professionals produce content faster makes Adobe a worthy investment.
Creative Cloud subscription fees is Adobe’s biggest revenue and net income generator.
More customers will rely on Creative Cloud software programs now that they come with Artificial Intelligence features.