Bernstein Maintains Outperform on Adobe, Raises Price Target to $660
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Mark Moerdler maintains an Outperform rating on Adobe (NASDAQ:ADBE) and raises the price target from $653 to $660.
June 17, 2024 | 5:20 pm
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Bernstein analyst Mark Moerdler maintains an Outperform rating on Adobe and raises the price target from $653 to $660.
The raised price target and maintained Outperform rating from a reputable analyst like Bernstein is likely to positively impact Adobe's stock price in the short term. Investors often react favorably to such updates, especially when the price target is increased.
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