Wells Fargo Maintains Overweight on Adobe, Raises Price Target to $650
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 $625 to $650.
September 15, 2023 | 3:37 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Adobe and raised the price target from $625 to $650, which could positively impact the stock.
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