Citigroup Maintains Neutral on Adobe, Lowers Price Target to $616
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Neutral rating on Adobe and lowers the price target from $621 to $616.

September 13, 2024 | 8:12 pm
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NEUTRAL IMPACT
Citigroup analyst Tyler Radke maintains a Neutral rating on Adobe and lowers the price target from $621 to $616, indicating a slight decrease in expected valuation.
The Neutral rating suggests no strong buy or sell recommendation, and the slight decrease in price target indicates a minor adjustment in expected valuation. This is likely to have a neutral short-term impact on Adobe's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100