Wolfe Research Maintains Outperform on Adobe, Raises Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Alex Zukin maintains an Outperform rating on Adobe (NASDAQ:ADBE) and raises the price target from $580 to $650.
September 15, 2023 | 3:41 pm
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POSITIVE IMPACT
Adobe's price target has been raised from $580 to $650 by Wolfe Research, which maintains an Outperform rating on the stock.
The raised price target and maintained Outperform rating by Wolfe Research indicates a positive outlook for Adobe. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100