Adobe shares are trading lower after its acquisition deal with Figma was blocked by regulators. Redburn Atlantic downgraded the stock from Neutral to Sell and cut its price target from $420 to $280.

Adobe Systems Incorporated +0.81% Pre

Adobe Systems Incorporated

ADBE

243.08

243.58

+0.81%

+0.21% Pre
Adobe shares are trading lower after its acquisition deal with Figma was blocked by regulators. Redburn Atlantic downgraded the stock from Neutral to Sell and cut its price target from $420 to $280.