Stifel Maintains Buy on Adobe, Raises Price Target to $600
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane maintains a 'Buy' rating on Adobe (NASDAQ:ADBE) and raises the price target from $550 to $600.
September 15, 2023 | 12:50 pm
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Stifel analyst Parker Lane maintains a 'Buy' rating on Adobe and raises the price target from $550 to $600. This could potentially lead to an increase in Adobe's stock price.
The raised price target by Stifel 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