BMO Capital Upgrades Adobe to Outperform, Announces $570 Price Target
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Keith Bachman upgrades Adobe (NASDAQ:ADBE) from Market Perform to Outperform and announces a $570 price target.
June 21, 2023 | 10:04 am
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Adobe has been upgraded to Outperform by BMO Capital with a new price target of $570.
The upgrade from Market Perform to Outperform by BMO Capital analyst Keith Bachman indicates a positive outlook for Adobe's stock. The new price target of $570 suggests potential upside for investors, which could lead to a short-term increase in the stock price.
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