This Adobe Analyst Turns Bearish; Here Are Top 5 Dowgrades For Tuesday

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.

• BMO Capital analyst Michael Zaremski downgraded Travelers Companies Inc (NYSE:TRV) from Outperform to Market Perform and raised the price target from $314 to $379. Travelers shares closed at $368.50 on Monday. See how other analysts view this stock.
• Morgan Stanley analyst Keith Weiss downgraded Intuit Inc (NASDAQ:INTU) from Overweight to Equal-Weight and slashed the price target from $580 to $335. Intuit shares closed at $293.82 on Monday. See how other analysts view this stock.
• BTIG analyst Jake Fuller downgraded Tripadvisor Inc (NASDAQ:TRIP) from Buy to Neutral. Tripadvisor shares closed at $14.41 on Monday. See how other analysts view this stock.
• Truist Securities analyst Junaid Siddiqui downgraded Tenable Holdings Inc (NASDAQ:TENB) from Buy to Hold and boosted the price target from $27 to $40. Tenable shares closed at $37.76 on Monday. See how other analysts view this stock.
• Morgan Stanley analyst Keith Weiss downgraded Adobe Inc (NASDAQ:ADBE) from Equal-Weight to Underweight and cut the price target from $365 to $240. Adobe shares closed at $234.74 on Monday. See how other analysts view this stock.

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

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