BMO Capital Maintains Outperform on Adobe, Raises Price Target to $640
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an 'Outperform' rating on Adobe (NASDAQ:ADBE) and raises the price target from $600 to $640.
September 12, 2023 | 12:12 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
BMO Capital maintains an 'Outperform' rating on Adobe and raises the price target from $600 to $640, which could positively impact Adobe's stock price.
The raised price target by BMO Capital indicates a positive outlook for Adobe's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100