CRM ADBEINTU Morgan Stanley unleashed a barrage of calls on enterprise software stocks after a new lead analyst, Adam Wood, took charge. Clu
CRM ADBEINTU Morgan Stanley unleashed a barrage of calls on enterprise software stocks after a new lead analyst, Adam Wood, took charge. Club name Salesforce was downgraded to hold from buy on concerns that an Agentforce inflection won't happen soon enough to offset weakness in legacy products. Adobe was cut to sell from hold, citing execution risk from leadership and business model transitions. Intuit was also moved to hold from buy, saying it'll take time for investors to get confident in a reacceleration. - per Cramer Investing Club Newsletter
CRM ADBEINTU Morgan Stanley unleashed a barrage of calls on enterprise software stocks after a new lead analyst, Adam Wood, took charge.
Club name Salesforce was downgraded to hold from buy on concerns that an Agentforce inflection won't happen soon enough to offset weakness in legacy products.
Adobe was cut to sell from hold, citing execution risk from leadership and business model transitions.
Intuit was also moved to hold from buy, saying it'll take time for investors to get confident in a reacceleration. - per Cramer Investing Club Newsletter