Baird Maintains Neutral on Adobe, Raises Price Target to $545
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Rob Oliver maintains a Neutral rating on Adobe (NASDAQ:ADBE) and raises the price target from $525 to $545.

June 14, 2024 | 11:47 am
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Baird analyst Rob Oliver maintains a Neutral rating on Adobe and raises the price target from $525 to $545.
The raised price target from $525 to $545 indicates a positive outlook on Adobe's stock, which could lead to a short-term price increase. However, the Neutral rating suggests that the analyst does not see significant upside potential beyond the new target.
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