BMO Capital Maintains Market Perform on Adobe, Raises Price Target to $500
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Keith Bachman maintains a Market Perform rating on Adobe (NASDAQ:ADBE) and raises the price target from $400 to $500.
June 09, 2023 | 1:43 pm
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BMO Capital maintains a Market Perform rating on Adobe and raises the price target from $400 to $500.
The news of BMO Capital maintaining a Market Perform rating on Adobe and raising the price target from $400 to $500 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100