Piper Sandler Maintains Overweight on Adobe, Maintains $705 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Adobe (NASDAQ:ADBE) and kept the price target at $705.

March 12, 2024 | 6:19 pm
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POSITIVE IMPACT
Adobe maintains its Overweight rating by Piper Sandler with a price target of $705.
The maintenance of an Overweight rating and a high price target of $705 by a reputable analyst like Brent Bracelin from Piper Sandler suggests a positive outlook on Adobe's stock. This endorsement could instill confidence in investors, potentially leading to a short-term positive impact on Adobe's stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90