Wells Fargo Maintains Overweight on Adobe, Raises Price Target to $625
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Adobe (NASDAQ:ADBE) and raised the price target from $600 to $625.
September 12, 2023 | 12:52 pm
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Wells Fargo has maintained an Overweight rating on Adobe and raised the price target from $600 to $625, indicating a positive outlook for the company.
The raised price target by Wells Fargo indicates a positive outlook for Adobe. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100