JP Morgan Upgrades Adobe to Overweight, Raises Price Target to $580
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Murphy has upgraded Adobe (NASDAQ:ADBE) from Neutral to Overweight and raised the price target from $570 to $580.
June 14, 2024 | 1:02 pm
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POSITIVE IMPACT
JP Morgan analyst Mark Murphy has upgraded Adobe from Neutral to Overweight and raised the price target from $570 to $580.
The upgrade from Neutral to Overweight and the increase in the price target by a reputable analyst from JP Morgan is likely to positively impact Adobe's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100