Jefferies Downgrades Adobe, Lowers Price Target to $400
ByAinvest
Monday, Jan 5, 2026 6:39 pm ET1min read
ADBE--
Jefferies downgraded Adobe (ADBE) from 'Buy' to 'Hold' and lowered the price target from $500 to $400, reflecting a 20% decrease. The downgrade was announced by analyst Brent Thill on January 5, 2026. This change is part of recent historical analyst ratings for Adobe, with some firms maintaining 'Outperform' ratings and lowering price targets. The average target price for Adobe is $437.48, implying a 31.26% upside from the current price of $333.30.
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