Piper Sandler Maintains Overweight on Adobe, Raises Price Target to $572
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Adobe (NASDAQ:ADBE) and raises the price target from $500 to $572.
June 16, 2023 | 8:41 am
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Piper Sandler maintains an Overweight rating on Adobe and raises the price target from $500 to $572.
Piper Sandler's maintained Overweight rating and increased price target for Adobe indicates a positive outlook for the company's stock. This news is likely to have a positive short-term impact on Adobe's stock price as it reflects the analyst's confidence in the company's performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100