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"Hard-landing reset" risk looms ahead! Citi downgrades Adobe (ADBE.US) rating to "Sell"

"Hard-landing reset" risk looms ahead! Citi downgrades Adobe (ADBE.US) rating to "Sell"

智通财经智通财经2026/11/05 02:31
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According to Zhitong Finance APP, Citi has downgraded Adobe (ADBE.US) from "Hold" to "Sell," lowering its target price from $250 to $207. The reasons cited are the company's performance growth outlook facing downside risk after FY2027, as well as ongoing changes in management.
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智通财经•2026/11/05 06:29