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Citi lifts Adobe price target ahead of Q3 results

Citi analyst Tyler Radke raised its Adobe Inc (ADBE) price target to $301 from $228 and reiterated a Neutral rating ahead of Q3 results expected on Sept. 10.

ADBE

Adobe Inc. (ADBE) received a price target hike from Citi analyst Tyler Radke to $301 from $228 and a ‘Neutral’ rating ahead of its third-quarter (Q3) results expected on Sept.

10.The revised target implies an upside of more than 5% from its last close.The firm said it sees an "achievable set-up" fo…