BMO Capital Maintains Outperform on Adobe, Raises Price Target to $580
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an Outperform rating on Adobe (NASDAQ:ADBE) and raises the price target from $525 to $580.
June 14, 2024 | 3:14 pm
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BMO Capital analyst Keith Bachman maintains an Outperform rating on Adobe and raises the price target from $525 to $580.
The raised price target and maintained Outperform rating from a reputable analyst at BMO Capital 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