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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) got a price target increase from Citi analyst Tyler Radke to $301 from $228, with the stock kept at a ‘Neutral’ rating ahead of third-quarter (Q3) results due on Sept. 10. Citi said the new target points to more than 5% upside from the last close.

The firm described the setup as “achievable,” but the source text was truncated after that point.

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