Expert Ratings for Adobe
Portfolio Pulse from Benzinga Insights
Adobe (NASDAQ:ADBE) has received a mix of bullish and indifferent analyst ratings over the last quarter, with no bearish ratings. The average 12-month price target for Adobe has increased by 8.82% to $618.72, according to 32 analysts. Analysts determine their ratings based on company financials, risk factors, and future revenue predictions.
November 09, 2023 | 1:00 pm
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POSITIVE IMPACT
Adobe has received a mix of bullish and indifferent analyst ratings, with an increased 12-month price target. This could potentially boost investor confidence.
Analyst ratings are a significant factor that investors consider when making investment decisions. The increase in Adobe's 12-month price target and the absence of bearish ratings could potentially lead to increased investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100