Bernstein SocGen Group reiterated its 'Outperform' rating and a $508.00 price target for Adobe Inc. (ADBE) following meetings with the company's management team. The analyst expressed increased confidence in Adobe's market position and growth opportunities, particularly within the enterprise segment, after discussions with key executives including the President of Digital Media Business. Key topics included Adobe's overall strategy and the potential for new AI technologies to drive revenue growth. The reaffirmation comes as Adobe's stock trades near its 52-week low, which Bernstein notes appears undervalued. Other firms, such as Goldman Sachs and BMO Capital, have also recently maintained their positive ratings on the company. Bernstein's report highlighted Adobe's impressive gross profit margins and consistent revenue growth as underlying strengths.