Jefferies Maintains Hold on Adobe, Lowers Price Target to $275
Jefferies analyst Brent Thill maintains Adobe (NASDAQ:ADBE) with a Hold and lowers the price target from $285 to $275.
An expert analyst thinks Adobe is okay but not great right now, so they lowered their guess about what the stock is worth. When experts lower their price target, it means they see fewer reasons to get excited about the company soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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