Barclays Maintains Overweight on Adobe, Raises Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Overweight rating on Adobe (NASDAQ:ADBE) and raises the price target from $630 to $650.
June 14, 2024 | 1:28 pm
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POSITIVE IMPACT
Barclays analyst Saket Kalia maintains an Overweight rating on Adobe and raises the price target from $630 to $650.
The raised price target and maintained Overweight rating from Barclays is a positive signal for investors, indicating confidence in Adobe's future performance. This is likely to have a short-term positive impact on Adobe's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100