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Adobe stock has been crushed by AI fears. Now Morgan Stanley has cut its rating to underweight.

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Adobe stock has been crushed by AI fears. Now Morgan Stanley has cut its rating to underweight.

Morgan Stanley cut its price target for Adobe by more than a third, citing multiple transitions and the potential for increased competition from artificial-intelligence alternatives.

Adobe stock has been crushed by AI fears. Now Morgan Stanley has cut its rating to underweight.

Source：MarketWatch

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Source：https://www.marketwatch.com/story/adobe-stock-has-been-crushed-by-ai-fears-now-morgan-stanley-has-cut-its-rating-to-underweight-38378183