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Why Wall Street Is Turning Cautious on Adobe Inc. (ADBE)
Wall Street analysts are becoming cautious on Adobe Inc. (ADBE), with recent downgrades and price target cuts due to concerns about its growth compared to competitors and increased AI investment costs. Piper Sandler downgraded the stock to Neutral, and UBS trimmed its price target, while Goldman Sachs moved to a Sell rating. Despite its strong position in software, analysts are questioning Adobe’s potential returns compared to other AI stocks.