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.

-2.17%

Adobe Systems Incorporated

ADBE

348.69

-2.17%

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.

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