Adobe Systems Reaches Analyst Target Price
December 01, 2017 at 09:48 AM EST
In recent trading, shares of Adobe Systems Inc (ADBE) have crossed above the average analyst 12-month target price of $181.18, changing hands for $181.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..