Adobe Stock Is Now Down Nearly 20% From Its Highs. Is It a Buy?
Adobe (NASDAQ: ADBE) delivered solid revenue and profit growth in fiscal 2021. Yet the market was disappointed with the cloud-software leader's sales and earnings forecast for the year ahead. Its stock, in turn, plunged.
Should investors pounce on its now-discounted shares? Analysts can't seem to agree.
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Source Fool.com