Citigroup Maintains Neutral on Adobe, Raises Price Target to $550
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Neutral rating on Adobe (NASDAQ:ADBE) and raises the price target from $529 to $550.

June 14, 2024 | 6:02 pm
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Citigroup analyst Tyler Radke maintains a Neutral rating on Adobe and raises the price target from $529 to $550.
The raised price target suggests a positive outlook on Adobe's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
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