Skip to main content

Adobe Loses 6.5% on Downgrade

  • Author:
  • Publish date:

Softwaremaker

Adobe

(ADBE) - Get Adobe Inc. Report

was down 6.5% in midmorning after

Scroll to Continue

TheStreet Recommends

Banc of America

downgraded it to market perform from buy, based on valuation and the likelihood that revenue growth rates have leveled off.