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Adobe Stock Downgraded As 'AI Is Eating Software'

An analyst downgraded Adobe stock to sell from hold as the digital media software firm is seen losing ground in the AI shift.
So far, Adobe Inc. is shaping up to be an AI loser.
Ben Reitzes downgraded shares of Adobe to Sell from Hold and cut his price target to $310 from $400 on Monday. He wrote in a ...
It’s not quite code-blooded murder, but shares of software companies like Adobe and Workday have been beaten to a bloody pulp ...
Adobe stock continues to struggle amid generative AI fears. Read more on why ADBE shares may be oversold, given the ...
Adobe has prepared various applications against possible attacks. The software manufacturer classifies some gaps as critical.
Amid uproar over AI data use, unclear policies, pricey subscriptions, and buggy updates, Adobe faces unprecedented backlash ...
Discover why we rate Adobe a Strong Buy with a $604.27 price target, driven by AI monetization, platform lock-in, and ...
A little over two weeks ago, yours truly here pointed out that Adobe Systems Incorporated (NASDAQ:ADBE) wasn’t just a document management and graphics software company anymore. Adobe recently ...
Adobe Systems agreed on Thursday to buy Neolane, a digital marketing services provider, for about $600 million, as more companies look for ways to add social media advertising to their offerings.
Adobe Systems has been stomping the market recently. The maker of software for content production and management has tripled the S&P 500's returns during the last five years.