B of A Securities Maintains Buy on Adobe, Raises Price Target to $480
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Brad Sills maintains a Buy rating on Adobe (NASDAQ:ADBE) and raises the price target from $400 to $480.
June 02, 2023 | 11:19 am
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B of A Securities maintains Buy rating on Adobe and raises price target from $400 to $480.
The news of B of A Securities maintaining a Buy rating on Adobe and raising the price target from $400 to $480 is positive for the company. This indicates that the analyst believes the stock has potential for further growth and is likely to perform well in the short term. As a result, the stock price is likely to go up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100