Adobe (ADBE) Doesn’t Have The Moat That It Thinks, Says Jim Cramer

We recently published 12 Stocks on Jim Cramer’s Radar.  Adobe Inc. (NASDAQ:ADBE) is one of the stocks on Jim Cramer's radar. Productivity software provider Adobe Inc. (NASDAQ:ADBE)’s shares have struggled in today’s AI era. They are down by 42% over the past year and by 23% year-to-date. HSBC discussed the firm’s shares on February 13th. It cut the share price target to $302 from $388 and kept a Hold rating, as per The Fly. Unsurprisingly, the bank pointed out that Adobe Inc. (NASDAQ:ADBE) was facing risk ...