Baird analyst Rob Oliver lowered the firm’s price target on Adobe (ADBE) to $490 from $500 and keeps a Neutral rating on the shares. The firm updated it model following Q1 results which were a strong start to the year.
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Read More on ADBE:
- Adobe price target lowered to $600 from $660 at Morgan Stanley
- Adobe price target lowered to $530 from $560 at Oppenheimer
- Adobe’s Strong Q1 Performance and AI Growth Potential Support Buy Rating Despite Transparency Concerns
- Adobe’s Strong Performance and Growth Prospects Justify Buy Rating Despite Sector Challenges
- Adobe’s Resilience and Innovation Drive Buy Rating Amid Market Volatility
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