![]() For comparison, the company’s daily average trading volume is about 3.4 million shares. BMO Capital Markets improved its price target from $400 to $500, representing a 13.9% upside.ĪDBE stock is up 4.8% as of Friday morning with some 3.7 million shares on the move.Mizuho boosted its price prediction for Adobe from $375 to $450, representing a 2.5% upside.Citigroup increased its price target for ADBE from $365 to $462, representing a 5.2% upside.Several other firms also introduced new price targets for Adobe shares today. Wells Fargo isn’t the only firm that has taken notice of ADBE stock recently. This comes after the software company introduced generative AI tools to Adobe Experience Cloud apps. Your mobile carrier’s message and data rates may apply. Availability may be affected by your mobile carrier’s coverage area. Today’s bullish sentiment from Wells Fargo comes as it highlights the artificial intelligence ( AI) potential behind ADBE. 1 /8 Find Account & Routing Numbers Learn how to access your full account number and find the routing number for each of your accounts. It’s also well above the analyst consensus price target of $426.13 per share. That represents a potential 19.6% upside for the stock based on yesterday’s close. ![]() To go along with that upgrade, the Wells Fargo analysts also increased their price target for ADBE stock from $420 per share to $525 per share. For the record, the analyst consensus rating for shares is a “hold” based on 27 opinions. The upgrade has analysts at the firm bumping shares of ADBE stock up from an “equal weight” rating to an “overweight” rating. Adobe (NASDAQ: ADBE) stock is getting a boost on Friday from Wells Fargo analysts upgrading the software company’s shares. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |