Wells Fargo Maintains Overweight on Adobe, Raises Price Target to $700
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Overweight rating on Adobe (NASDAQ:ADBE) and raises the price target from $675 to $700.
June 14, 2024 | 1:56 pm
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Wells Fargo analyst Michael Turrin maintains an Overweight rating on Adobe and raises the price target from $675 to $700.
The raised price target and maintained Overweight rating from a reputable analyst at Wells Fargo is likely to positively impact Adobe's stock price in the short term as it reflects strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100