Melius Research Downgrades Adobe Inc. (ADBE) to ‘Sell’ With $310 PT
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Melius Research has downgraded Adobe Inc. (NASDAQ:ADBE) from ‘Hold’ to ‘Sell’ with a price target of $310, effective August 11, 2025. Despite being listed among the 11 Best Rebound Stocks to Buy According to Hedge Funds, the analyst cites pressure on the software-as-a-service segment due to the impact of AI advancements.
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