In a report released today, Brian Schwartz from Oppenheimer maintained a Buy rating on Adobe (ADBE – Research Report), with a price target of $560.00. The company's shares closed last Wednesday at $428.11, close to its 52-week low of $407.94. According to TipRanks.com, Schwartz is a top 100 analyst with an average return of 26.6% and a 68.9% success rate. Schwartz covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zeta Global Holdings Corp, and Qualtrics International. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adobe with a $567.64 average price target.
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