Morgan Stanley cut its price target for Adobe by more than a third, citing multiple transitions and the potential for increased competition from artificial-intelligence alternatives.
Source: [MarketWatch](https://www.marketwatch.com/story/adobe-stock-has-been-crushed-by-ai-fears-now-morgan-stanley-has-cut-its-rating-to-underweight-38378183?mod=mw_rss_topstories)