Goldman Sachs Assumes Coverage of Adobe (ADBE) With Sell Rating, $290 PT

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Goldman Sachs initiated coverage of Adobe with a Sell rating and $290 price target, citing potential risks and warning investors to be cautious.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Adobe Inc. (NASDAQ:ADBE) is one of the cheap S&P 500 stocks to invest in now. On January 12, Goldman Sachs assumed coverage of Adobe with a Sell rating and $290 price target. This announcement was made as Goldman Sachs initiated coverage on 12 software names. The firm gave Adobe a Sell rating and warned that […]

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Original article published by Unknown on January 14, 2026.
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