Jefferies downgrades Adobe, upgrades IBM as AI reshapes 2026 software outlook

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Adobe Systems Inc (NASDAQ: ADBE) Delayed: 264.02 -6.47 (2.39%)
Previous Close $270.49    52 Week High $111.09 
Open $273.22    52 Week Low $71.27 
Day High $273.40    P/E 471.46 
Day Low $261.67    EPS $0.56 
Volume 2,876,101       

International Bus. Machines (NYSE: IBM) Delayed: 234.32 -2.82 (1.19%)
Previous Close $237.14    52 Week High $165.00 
Open $238.37    52 Week Low $116.90 
Day High $239.15    P/E 15.68 
Day Low $233.73    EPS $14.94 
Volume 4,523,035