Where Adobe Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, Adobe (NASDAQ:ADBE) received 6 somewhat bullish and 7 indifferent analyst ratings, with an average price target of $395.38, implying a downside compared to the current price of $417.21. The average price target has increased by 6.79% from the previous average of $370.25.
May 31, 2023 | 12:07 pm
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Adobe received mixed analyst ratings in the last quarter, with an average price target of $395.38, suggesting a downside compared to its current price of $417.21.
The article mentions that Adobe has received mixed analyst ratings in the last quarter, with 6 somewhat bullish and 7 indifferent ratings. The average price target of $395.38 implies a downside compared to the current price of $417.21. This suggests that the stock price may experience a short-term decline based on the analysts' opinions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100