Wells Fargo Thinks Adobe’s Stock is Going to Recover
17 Juni 2022 - 02:35PM
TipRanks
Wells Fargo analyst Michael Turrin maintained a Buy rating on Adobe
(ADBE – Research Report) today and set a price target of $425.00.
The company's shares closed last Thursday at $365.08, close to its
52-week low of $360.90. According to TipRanks.com, Turrin is ranked
0 out of 5 stars with an average return of -27.1% and a 20.0%
success rate. Turrin covers the Technology sector, focusing on
stocks such as Clearwater Analytics Holdings, Tyler Technologies,
and RingCentral. Currently, the analyst consensus on Adobe is a
Strong Buy with an average price target of $496.24, which is a
34.3% upside from current levels.
https://www.tipranks.com/news/blurbs/wells-fargo-thinks-adobes-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
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