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Adobe's stock drops 4% after Wells Fargo downgrades to 'Underweight' with $225 target.
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In the past 24 hours, Adobe's stock declined by 4% following a downgrade by Wells Fargo to 'Underweight' with a $225 price target. The downgrade reflects concerns over Adobe's growth prospects amid increasing competition from AI-driven creative tools.
Points clés
- Wells Fargo downgrades Adobe to 'Underweight' with $225 target.
- Adobe's stock closed at $236.23 on October 13, 2026.
Sources
Généré par IA à partir de sources d'actualités publiques. Ceci n'est pas un conseil financier.
