Piper Sandler Maintains Overweight on Adobe, Maintains $700 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Adobe (NASDAQ:ADBE) with a $700 price target.
June 14, 2024 | 3:23 pm
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Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Adobe with a $700 price target, indicating confidence in the company's future performance.
The maintained Overweight rating and high price target from a reputable analyst suggest positive sentiment and confidence in Adobe's future performance, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100