BUZZ-Oppenheimer cuts Adobe to 'perform' on slowing digital media growth
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Oppenheimer downgrades Photoshop maker Adobeto “perform” from “outperform” ADBE down marginally premarket Brokerage notes co’s digital media business will slow further in FY25, due to “a challenging operating environment during the AI technology transition leading to uninspiring and decelerating top-line growth” Average rating of 40 analysts is “buy”; median PT is $417.50 - data compiled by LSEGIn 2025, ADBE fell 21.3%
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