Morgan Stanley Maintains Overweight on Adobe, Maintains $660 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Adobe with a $660 price target.
September 13, 2024 | 1:28 pm
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Morgan Stanley analyst Keith Weiss reaffirms an Overweight rating on Adobe, maintaining a price target of $660. This suggests confidence in Adobe's stock performance.
The reaffirmation of an Overweight rating and a $660 price target by a reputable analyst from Morgan Stanley indicates a positive outlook for Adobe's stock. This could lead to increased investor confidence and potentially a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100