Barclays Maintains Overweight on Adobe, Raises Price Target to $485
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Overweight rating on Adobe (NASDAQ:ADBE) and raises the price target from $385 to $485.
June 06, 2023 | 9:36 am
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Barclays analyst Saket Kalia maintains an Overweight rating on Adobe and raises the price target from $385 to $485.
Barclays' Overweight rating and increased price target for Adobe indicate a positive outlook for the company's stock. This news is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100