BMO Capital Maintains Outperform on Adobe, Raises Price Target to $670
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman has maintained an Outperform rating on Adobe (NASDAQ:ADBE) and increased the price target from $645 to $670.
November 10, 2023 | 7:57 pm
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BMO Capital analyst Keith Bachman reaffirmed an Outperform rating on Adobe and raised the price target from $645 to $670, indicating a positive outlook on the stock.
The increase in Adobe's price target by a reputable analyst suggests a bullish outlook on the stock, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100