RBC Capital Reiterates Outperform on Adobe, Maintains $600 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Swanson reiterates an Outperform rating on Adobe (NASDAQ:ADBE) and maintains a $600 price target.
August 01, 2024 | 3:19 pm
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RBC Capital analyst Matthew Swanson has reiterated an Outperform rating on Adobe and maintained a $600 price target. This suggests continued confidence in Adobe's performance and potential for stock price appreciation.
The reiteration of an Outperform rating and a $600 price target by RBC Capital indicates strong confidence in Adobe's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in Adobe's stock price.
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IMPORTANCE 80
RELEVANCE 100