Adobe Inc. (NASDAQ: ADBE) Faces Mixed Investor Sentiment Amidst Jefferies Downgrade
Adobe(US:ADBE) Financial Modeling Prep·2026-01-05 08:00Jefferies downgraded Adobe Inc. (NASDAQ: ADBE) from a "Buy" to a "Hold" rating, influencing Miracle Mile Advisors LLC to reduce its stake by 56.7%.Norges Bank and Assenagon Asset Management S.A. show strong confidence in Adobe by acquiring and significantly increasing their stakes, respectively.Despite a 4.77% decrease in stock price, Adobe maintains a robust market capitalization of approximately $139.52 billion, indicating mixed investor sentiment.Adobe Inc. (NASDAQ: ADBE) is a leading software company kn ...