The Latest Analyst Ratings for Adobe
Portfolio Pulse from Benzinga Insights
In the last quarter, Adobe (NASDAQ:ADBE) received 1 bullish, 6 somewhat bullish, and 7 indifferent analyst ratings. The company has an average 12-month price target of $401.43, which has increased by 7.46% over the past month.
June 02, 2023 | 2:02 pm
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Adobe received mixed analyst ratings in the last quarter, with an average 12-month price target of $401.43, which has increased by 7.46% over the past month.
The mixed analyst ratings for Adobe indicate that there is no clear consensus on the stock's short-term direction. However, the increase in the average 12-month price target over the past month suggests that analysts are becoming more optimistic about the company's future performance. This could have a neutral impact on the stock price in the short term, as the market may already have priced in the increased target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100