BofA's new forecast implies more than 22% upside from Wednesday's $514.49 close. Analyst Brad Sills noted Adobe is on the verge of becoming a leader in AI and could start seeing strong returns as soon as next year thanks to the promise of the company's own artificial intelligence software Firefly — which launched in March .
mountain Bank of America's forecast implies more than 22% upside for Adobe. — CNBC's Michael Bloom contributed to this report.
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