Piper Sandler Maintains Overweight on Adobe, Maintains $635 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Adobe (NASDAQ:ADBE) and maintained a price target of $635.
September 13, 2024 | 10:02 am
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Piper Sandler's analyst Brent Bracelin has reiterated an Overweight rating on Adobe, maintaining a price target of $635. This suggests confidence in Adobe's stock performance and potential for growth.
The reaffirmation of an Overweight rating and a high price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100