"Hard Landing-Style Reset" Risk Looms Ahead! Citi Downgrades Adobe (ADBE.US) to "Sell"

Zhitong Finance APP has learned that Citi downgraded Adobe (ADBE.US) from "Hold" to "Sell" and lowered its target price from $250 to $207, citing downside risks to the company's performance growth expectations as it enters fiscal year 2027, along with ongoing management changes.