Piper Sandler Reiterates Overweight on Adobe, Maintains $650 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Adobe (NASDAQ:ADBE) and maintained a $650 price target.
October 11, 2023 | 8:30 am
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Adobe's stock rating has been reiterated as Overweight by Piper Sandler, with a maintained price target of $650.
The reiteration of an Overweight rating by Piper Sandler indicates a positive outlook for Adobe's stock. The maintained price target of $650 suggests that the analyst believes the stock has potential for growth. This could positively impact Adobe's stock price in the short term.
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