Adobe Stock Is Dropping Today: What's Happening? - Adobe (NASDAQ:ADBE)

Adobe Stock Is Dropping Today: What's Happening? - Adobe (NASDAQ:ADBE)

Adobe Inc (NASDAQ:ADBE) shares are under pressure on Monday. Mizuho analyst Gregg Moskowitz downgraded the stock from Outperform to Neutral and cut his price target from $315 to $270. Adobe stock is showing weakness. What’s pulling ADBE shares down? What Prompted the Downgrade Mizuho's call came as part of a broader reassessment of software names tied to AI adoption. While the firm upgraded CrowdStrike on the same day, Adobe was moved in the op…

Mizuho resets Adobe stock price target for the rest of 2026

Adobe has had a brutal year. The stock is down roughly 31% year to date, trading near $245 and sitting much closer to its 52-week low than its 52-week high. Now one of its last major bulls on Wall Street…