RBC Capital Reiterates Outperform on Adobe, Maintains $600 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has reiterated an Outperform rating on Adobe (NASDAQ:ADBE) and maintained a $600 price target.
June 14, 2024 | 1:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
RBC Capital analyst Matthew Hedberg has reiterated an Outperform rating on Adobe and maintained a $600 price target.
The reiteration of an Outperform rating and a high price target of $600 by a reputable analyst can boost investor confidence in Adobe, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100