Adobe (ADBE) shares slipped fractionally in premarket trading on Tuesday after HSBC downgraded the enterprise software firm, citing artificial intelligence-coded clones.
" Bersey lowered his rating on Adobe to Hold from Buy and cut his price target to $267 from $310.
Get fast, focused updates on the innovations, market shifts, and trends shaping the tech world.
00% | Get the confidence to navigate an uncertain market with free breaking news and stock alerts.
If you have an ad-blocker enabled you may be blocked from proceeding.