Oppenheimer Upgrades Adobe to Outperform, Announces $660 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Schwartz has upgraded Adobe (NASDAQ:ADBE) from Perform to Outperform and announced a price target of $660.
October 26, 2023 | 9:05 am
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POSITIVE IMPACT
Adobe has been upgraded to Outperform by Oppenheimer with a new price target of $660.
The upgrade from Oppenheimer is a positive signal for Adobe. It indicates that the analyst believes the company will outperform the market, which could lead to an increase in the stock price. The new price target of $660 also suggests a significant upside potential from the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100