Adobe Inc. (NASDAQ:ADBE) downgraded to Market Perform by BMO Capital on Jan 9, price target lowered to $375. Competition from Canva a concern, with over 50% of students and freelancers using Canva over Adobe. Analysts see limited catalysts for Adobe, prefer Salesforce and HubSpot in front office sector. Adobe offers digital marketing and media solutions.
Read more at Yahoo Finance: Adobe (ADBE) Downgraded as Analysts See Limited Near-Term Catalysts
