JPMorgan Cuts Adobe Target to $315 as AI Monetization Concerns Persist
Adobe Inc. (ADBE, Financials), the software giant behind Photoshop and Acrobat, is luring many customers to its AI products. Wall Street wants to know how much those users are worth.JPMorgan analyst Arti Vula lowered her price objective on the stock to $315 from $340 after the company's fiscal thir…