Citi raises Adobe price target ahead of Sept. 10 earnings
Citi lifted its price target on Adobe NASDAQ:ADBE to $301 from $228 while keeping a Neutral rating ahead of the September 10 earnings report.
Adobe NASDAQ:ADBE is heading into its September 10 earnings report with a more achievable bar and improving AI momentum, prompting Citi to raise its price target to $301 from $228.
But the bank kept its Neutral rating, arguing that a potential third-quarter beat and guidance increase may obscure th…