Wall Street analysts and investors can be an exceptionally stubborn
bunch, and it sometimes takes several whacks with a 2x4 to make them see
reason. That seems to have happened with Adobe (Nasdaq:ADBE),
though, as the Street now seems quite enthusiastic about the company's
philosophical shift in digital media and its opportunities in digital
marketing. With the stock up more than 35% over the past year, this is
the first time in quite a long time where I can say that Adobe's stock
no longer looks like much of a value.
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