Though shares are near their 52-week low, RBC is downgrading Adobe (ADBE) to Underperform,...

|About: Adobe Systems Incorporated (ADBE)|By:, SA News Editor

Though shares are near their 52-week low, RBC is downgrading Adobe (ADBE) to Underperform, believing the company's transition to a subscription-based revenue model will cause "near-term volatility." RBC is also concerned about weak consumer and SMB spending, and the impact of upheavals in the media industry. (previously)