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

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Adobe Systems Inc (NASDAQ: ADBE) Delayed: 255.06 -1.67 (0.65%)
Previous Close $256.73    52 Week High $111.09 
Open $255.61    52 Week Low $71.27 
Day High $257.63    P/E 455.46 
Day Low $252.52    EPS $0.56 
Volume 3,204,828       

International Bus. Machines (NYSE: IBM) Delayed: 251.46 +9.54 (3.94%)
Previous Close $241.92    52 Week High $165.00 
Open $241.91    52 Week Low $116.90 
Day High $251.75    P/E 16.83 
Day Low $240.62    EPS $14.94 
Volume 9,995,924