Stifel Maintains Buy on Adobe, Raises Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane maintains a Buy rating on Adobe and raises the price target from $600 to $650.
September 06, 2024 | 3:30 pm
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Stifel analyst Parker Lane has reiterated a Buy rating for Adobe and increased the price target from $600 to $650, indicating confidence in Adobe's future performance.
The increase in price target from $600 to $650 by Stifel suggests a positive outlook on Adobe's future performance. This is likely to boost investor confidence and potentially lead to a short-term increase in Adobe's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100