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Blair William & Co. IL Lowers Stock Position in Adobe Inc. $ADBE
Blair William & Co. IL significantly decreased its stake in Adobe Inc. by 30.4% during Q3, now owning 393,313 shares worth $138.74 million. Despite this, other institutional investors have increased their holdings, and analysts have issued varied ratings, with an average “Hold” rating and a target price of $386.68. The article also highlights recent financial performance, upcoming earnings, and mixed market sentiment influenced by AI optimism and analyst downgrades.