Evercore ISI Group Maintains Outperform on Adobe, Raises Price Target to $475
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Kirk Materne maintains an Outperform rating on Adobe (NASDAQ:ADBE) and raises the price target from $425 to $475.
June 12, 2023 | 2:32 pm
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Evercore ISI Group maintains an Outperform rating on Adobe and raises the price target from $425 to $475.
The raised price target by Evercore ISI Group analyst Kirk Materne indicates a positive outlook for Adobe's stock. The Outperform rating suggests that the stock is expected to outperform the market in the short term. This news is likely to have a positive impact on Adobe's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100