Deutsche Bank Maintains Buy on Adobe, Raises Price Target to $610
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brad Zelnick has maintained a 'Buy' rating on Adobe (NASDAQ:ADBE) and raised the price target from $550 to $610.
September 15, 2023 | 3:53 pm
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POSITIVE IMPACT
Deutsche Bank has maintained a 'Buy' rating on Adobe and raised the price target from $550 to $610, which could positively impact the stock.
The raised price target by Deutsche Bank indicates a positive outlook for Adobe. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100