On Jun 15, major Wall Street analysts update their ratings for $Adobe (ADBE.US)$, with price targets ranging from $600 to $700.
Jefferies analyst Brent Thill maintains with a buy rating, and maintains the target price at $700.
RBC Capital analyst Matthew Swanson maintains with a buy rating, and maintains the target price at $600.
Piper Sandler analyst Brent Bracelin maintains with a buy rating, and maintains the target price at $700.
D.A. Davidson analyst Gil Luria maintains with a buy rating, and maintains the target price at $685.
Here are the latest investment ratings and price targets for $Adobe (ADBE.US)$ from 4 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.