Business

Adobe Stock Fears and Morgan Stanley Rating Cut

Updated 2026-07-21 11:10 UTC 1 source Negative

Morgan Stanley has downgraded Adobe's stock rating to underweight, citing AI fears and increased competition. This move follows a period of market concerns over the tech giant’s future.

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MarketWatch

Adobe stock has been crushed by AI fears. Now Morgan Stanley has cut its rating to underweight.

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.

2026-07-21 10:58 UTC