Goldman Sachs Maintains Buy on Adobe, Raises Price Target to $625
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a 'Buy' rating on Adobe (NASDAQ:ADBE) and raised the price target from $550 to $625.
September 15, 2023 | 12:21 pm
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Goldman Sachs has maintained a 'Buy' rating on Adobe and raised the price target from $550 to $625, which could positively impact Adobe's stock.
The raised price target by Goldman Sachs 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