This Adobe Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Truist Securities analyst Robyn Karnauskas downgraded the rating for Merck & Co., Inc. MRK from Buy to Hold and lowered the price target from $130 to $110. Merck shares closed at $101.02 on Tuesday. See how other analysts view this stock.
• Goldman Sachs analyst Alex Scott downgraded American International Group, Inc. AIG from Buy to Neutral and lowered the price target from $83 to $79. American Intl shares closed at $72.59 on Tuesday. See how other analysts view this stock.
• Deutsche Bank analyst Brad Zelnick downgraded the rating for Palo Alto Networks, Inc. PANW from Buy to Hold and lowered the price target from $207 to $190. Palo Alto shares closed at $175.51 on Tuesday. See how other analysts view this stock.
• Citigroup analyst Vikram Bagri downgraded the rating for SolarEdge Technologies, Inc. SEDG from Neutral to Sell and cut the price target from $12 to $9. SolarEdge Technologies shares closed at $17.59 on Tuesday. See how other analysts view this stock.
• Deutsche Bank analyst Brad Zelnick downgraded Adobe Inc. ADBE from Buy to Hold and lowered the price target from $600 to $475. Adobe shares closed at $422.63 on Tuesday. See how other analysts view this stock.

Considering buying ADBE stock? Here’s what analysts think:

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