Keybanc Maintains Underweight on Adobe, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jackson Ader maintains an Underweight rating on Adobe (NASDAQ:ADBE) but raises the price target from $445 to $450.
June 14, 2024 | 10:59 am
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Keybanc analyst Jackson Ader maintains an Underweight rating on Adobe but raises the price target from $445 to $450.
The Underweight rating suggests a bearish outlook, but the slight increase in the price target indicates some positive expectations. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100