JP Morgan Maintains Neutral on Adobe, Raises Price Target to $530
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Sterling Auty maintains a Neutral rating on Adobe (NASDAQ:ADBE) and raises the price target from $490 to $530.
September 13, 2023 | 1:17 pm
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POSITIVE IMPACT
JP Morgan maintains a Neutral rating on Adobe and raises the price target from $490 to $530. This could potentially lead to a positive sentiment among investors.
The raised price target by JP Morgan indicates a positive outlook for Adobe. This could lead to increased investor confidence and potentially a rise in Adobe's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100