What did analysts change in the March 13 notes about Adobe Inc.?

On March 13, 2026, six firms **maintained** ratings but cut many price targets. Cuts ranged from **$235** to **$447**, and commentary focused on ARR growth pressure and CEO transition risk in the near term.

How should I interpret the ADBE analyst rating spread?

A wide spread in the **ADBE analyst rating** targets signals disagreement on near-term execution and long-term growth. Use the spread to set risk limits and compare your time horizon against each analyst’s assumptions.

Does maintained rating mean analysts are bullish on Adobe?

Maintained ratings mean analysts saw no immediate trigger for downgrades, but lowered price targets show caution. Some firms remain bullish, like Bernstein at **$447**, while others are more conservative.

Where can I read the source analyst notes referenced here?

Key analyst notes are available on StreetInsider, including UBS and Bernstein coverage for March 13, 2026 [source](https://www.streetinsider.com/Analyst+Comments/Adobe+%28ADBE%29+PT+Lowered+to+%24290+at+UBS+on+ARR+Growth+Pressure%2C+AI+Impact/26157148.html) [source](https://www.streetinsider.com/ANa

Analyst Ratings

Bernstein, UBS Maintain Ratings on Adobe Inc. (ADBE) March 2026

ByDanny Kontos March 14, 2026March 14, 2026

Multiple major firms maintained their ADBE analyst rating on March 13, 2026, even as several lowered price targets after Adobe’s quarterly report. The headlines show six coverage notes from Bernstein, UBS, KeyBanc, BMO Capital, Deutsche Bank and BofA, all keeping prior ratings but trimming outlooks or targets. The moves signal more caution on near-term leadership and ARR trends while some analysts still see longer-term upside. Meyka AI rates ADBE with a grade of A; this grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors.