Adobe (ADBE) & Salesforce (CRM): The Generative A.I. Impact

Morgan Stanley upgrades Adobe (ADBE) to overweight. The analyst notes that gen A.I. products like Firefly coupled with enhancements to flagship applications renew confidence in robust product innovation engine. Renita Young discusses this as Morgan Stanley raises its price target to $660 from $510. ADBE is up 57% year-to-date. Morgan Stanley downgrades Salesforce (CRM) citing near-term catalysts like margin expansion and price increases are now in the rear-view mirror. CRM is up over 70% year-to-date. Tune in to find out more about the stock market today.