Wells Fargo cuts ADBE target to $250, stays Overweight

Wells Fargo analyst Michael Turrin cut their price target on ADBE to $250 on June 12, rating held at Overweight.

Michael’s record on ADBE: 25 calls tracked, the stock touching the target in 2 of 25 of them.

ADBE carries 11 Buy, 12 Hold, 3 Sell ratings among the analysts AnaChart tracks. Price targets run from Brad Sills‘s $190 at BAML to Kash Rangan‘s $570 at Goldman Sachs. ADBE last closed at $222.65.

ADBE price target chart: Wells Fargo cuts to $250
Michael Turrin’s ADBE target history against the street high, street low and the stock price. Each dot marks a dated call.

The $250 target is 12% above the stock’s $222.65 close.

FAQ

What is Wells Fargo’s price target on ADBE?

Wells Fargo’s Michael Turrin has a $250 target on ADBE, rated Overweight, set June 12, 2026.

How often have Michael Turrin’s ADBE price targets been reached?

AnaChart has tracked 25 price-target calls from Michael Turrin on ADBE; the stock reached the target in 2 of them (8%).

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).