Wells Fargo Maintains Equal-Weight on Adobe, Raises Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Equal-Weight rating on Adobe (NASDAQ:ADBE) and raises the price target from $360 to $420.
May 31, 2023 | 12:00 pm
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Wells Fargo maintains an Equal-Weight rating on Adobe and raises the price target from $360 to $420.
The news of Wells Fargo maintaining an Equal-Weight rating on Adobe and raising the price target from $360 to $420 is directly related to Adobe's stock. This indicates that the analyst sees potential upside in the stock, which could lead to a short-term positive impact on its price.
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IMPORTANCE 80
RELEVANCE 100