In a report issued on July 19, Kirk Materne from Evercore ISI maintained a Buy rating on Adobe (ADBE – Research Report), with a price target of $475.00. The company's shares closed last Tuesday at $379.26, close to its 52-week low of $338.00. According to TipRanks.com, Materne is a 4-star analyst with an average return of 5.4% and a 53.6% success rate. Materne covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Qualtrics International, and Tyler Technologies. Currently, the analyst consensus on Adobe is a Strong Buy with an average price target of $458.67.
https://www.tipranks.com/news/blurbs/evercore-isi-thinks-adobes-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Adobe (NASDAQ:ADBE)
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