Adobe (ADBE) Received its Third Buy in a Row
17 Dezember 2021 - 02:11PM
TipRanks
After Mizuho Securities and Jefferies gave Adobe (NASDAQ: ADBE) a
Buy rating last month, the company received another Buy, this time
from BMO Capital. Analyst Keith Bachman maintained a Buy rating on
Adobe today and set a price target of $650.00. The company's shares
closed last Thursday at $566.09. According to TipRanks.com, Bachman
is a 5-star analyst with an average return of 13.4% and a 63.5%
success rate. Bachman covers the Technology sector, focusing on
stocks such as International Business Machines, TELUS International
(CDA), and Qualtrics International. Adobe has an analyst consensus
of Strong Buy, with a price target consensus of $694.00, implying a
20.0% upside from current levels.
https://www.tipranks.com/news/blurbs/adobe-adbe-received-its-third-buy-in-a-row?utm_source=advfn.com&utm_medium=referral
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