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ADBE / Adobe: Seems Relatively Overvalued But Technically Attractive

Adobe: Seems Relatively Overvalued But Technically Attractive
The expected growth rate for Adobe is in mid-teens and leads to richer valuations. According to annually recalculated regression models for multiples, Adobe seems overpriced on book values but undervalued on growth numbers. Technical analysis indicates a high chance for the return of the uptrend after some profit-taking and stabilization in the near weeks. Read More
Posted: Jun 14 2023, 22:28
Author Name: Seeking Alpha
Views: 110533

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