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.
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