Adobe shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight.
Portfolio Pulse from Benzinga Newsdesk
Adobe's stock is trading higher following an upgrade from Morgan Stanley, which changed its rating from Equal-Weight to Overweight.
July 31, 2023 | 1:00 pm
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POSITIVE IMPACT
Adobe's stock is expected to perform well in the short term due to the upgrade from Morgan Stanley.
Morgan Stanley's upgrade from Equal-Weight to Overweight indicates a positive outlook for Adobe's stock. This is likely to attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100