Morgan Stanley Downgrades Adobe to Underweight, Slashes Price Target to $240 Amid AI and Execution Concerns

Morgan Stanley warns about the impact of generative AI, Adobe’s freemium strategy, and ongoing leadership transitions.

Morgan Stanley Downgrades Adobe to Underweight, Slashes Price Target to $240 Amid AI and Execution Concerns
Photo by FY Chang on Unsplash
Already have an account? Sign in.