Citigroup Reiterates Neutral on Adobe, Raises Price Target to $462
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke reiterated a Neutral rating on Adobe (NASDAQ:ADBE) and raised the price target from $365 to $462.

June 09, 2023 | 4:44 pm
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Citigroup analyst Tyler Radke reiterated a Neutral rating on Adobe and raised the price target from $365 to $462.
The news of Citigroup reiterating a Neutral rating on Adobe and raising the price target may not have a significant short-term impact on the stock price, as the rating remains unchanged. However, the increased price target may indicate a positive outlook for the company's future performance.
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IMPORTANCE 80
RELEVANCE 100