Investment firm KeyBanc Capital Markets made changes to its ratings for enterprise software companies, downgrading Adobe and lowering its rating on ServiceNow. Analyst Jackson Ader reduced his rating of ServiceNow to Underweight from Sector-Weight, citing a $775 price target.
Source: https://seekingalpha.com/news/4531428-servicenow-adobe-downgraded-at-keybanc-akamai-fastly-asana-zoominfo-upped