Analysts Stocks

      Evercore Downgrades ADBE to In-Line, PT $225

      Evercore analyst Kirk Materne cut their price target on ADBE to $225 on June 12, downgrading the rating to In-Line from Outperform.

      Kirk’s record on ADBE: 30 calls tracked, the stock touching the target in 9 of 30 of them.

      The rating count on ADBE runs 11 Buy, 12 Hold, 3 Sell right now. Goldman Sachs‘s Kash Rangan holds the high end of the range at $570; BAML‘s Brad Sills anchors the low end at $190. ADBE last closed at $222.65.

      ADBE price target chart: Evercore cuts to $225
      Kirk Materne’s ADBE target history against the street high, street low and the stock price. Each dot marks a dated call.

      The $225 target is 1% above the stock’s $222.65 close.

      FAQ

      What is Evercore’s price target on ADBE?

      Evercore’s Kirk Materne has a $225 target on ADBE, rated In-Line, set June 12, 2026.

      How often have Kirk Materne’s ADBE price targets been reached?

      AnaChart has tracked 30 price-target calls from Kirk Materne on ADBE; the stock reached the target in 9 of them (30%).

      What is the analyst view on ADBE?

      Coverage is split 11 Buy / 12 Hold / 3 Sell, with targets from $190 (BAML) to $570 (Goldman Sachs).