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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100