The Analyst Verdict: Adobe In The Eyes Of 21 Experts
Portfolio Pulse from Benzinga Insights
The article provides an overview of recent analyst ratings for Adobe (NASDAQ:ADBE), highlighting a range of perspectives from bullish to bearish. Over the past three months, 21 analysts have shared their views, with the majority being somewhat bullish. The average 12-month price target is $602.81, with a high of $700.00 and a low of $450.00. Recent analyst actions include both raises and lowers in price targets, reflecting changing market conditions and company performance. Adobe's financial health is strong, with notable revenue growth, high net margins, and effective debt management.
September 04, 2024 | 2:00 pm
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Adobe has received a range of analyst ratings, with the majority being somewhat bullish. The average 12-month price target is $602.81, slightly down from the previous average. Analysts have adjusted their ratings and price targets based on recent developments, reflecting a mix of optimism and caution.
The article provides a comprehensive overview of analyst ratings for Adobe, indicating a generally positive outlook with some caution. The average price target has slightly decreased, suggesting a neutral short-term impact on the stock price. The detailed analysis of financial health supports a stable outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100