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Zenger
Zenger
Business
AJ Fabino

Why Are Adobe Shares Trading Higher? Morgan Stanley Likes Firefly

Shares of Adobe Inc (NASDAQ:ADBE) are trading more than 3% higher Monday after Morgan Stanley (NYSE:MS) upgraded the stock. Here’s what investors need to know.

The ADBE Analyst: Keith Weiss upgraded Adobe from Equal-Weight to Overweight, and raised the price target from $510 to $660.

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