$ADBE It's usually a better idea to wait until after earnings.Adobe earnings are expected to be very good tomorrow but we would not recommend buying it pre earnings, historically it has a habit of selling off regardless of the earnings results. The stock hit our previous target of $290 and we expect that the pullback has a little further to go, it must also be considered that the valuation is very high, in a market where investors are rushing for value.
P/E RATIO 51
AVERAGE ANALYSTS PRICE TARGET $298
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
