Oppenheimer Maintains Outperform on Adobe, Maintains $660 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Schwartz has maintained an Outperform rating on Adobe (NASDAQ:ADBE) and kept the price target at $660.

March 15, 2024 | 12:23 pm
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Oppenheimer reaffirms Adobe's Outperform rating and $660 price target.
The reaffirmation of an Outperform rating and a high price target by a reputable analyst like Brian Schwartz from Oppenheimer is likely to instill confidence among investors, potentially leading to a positive short-term impact on Adobe's stock price. The specific mention of a $660 price target suggests a strong belief in the company's future performance, further bolstering investor sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100