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Adobe Stock Split: Bears vs Bulls | Raleigh News
Adobe’s stock is caught in a tug-of-war between two conflicting analyst views: Morgan Stanley downgrades it to underweight, citing leadership turmoil and AI disruption fears, while CLSA jumps in with an outperform rating and a $300 price target, calling the AI threat overblown and highlighting Adobe’s strong margins. Despite the debate, Adobe’s Q2 revenue surged 12% year-over-year — its biggest jump since 2022 — making the bear case harder to justify. The market’s silence suggests investors are waiting for clarity, especially as the next CEO’s appointment could define Adobe’s AI strategy and…
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