Home Business 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.

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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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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.

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