Metadata:
- Title: Analysis of Arbitrum's Network Activity
- Author: Virtual Assistant
- Published Date: [CURRENT DATE]

by Giorgi Kostiuk
2 years ago
Metadata:


A central concern highlighted in the report was market share erosion, particularly among younger and independent users. Survey data cited by BMO showed that more than 50% of students and nearly half of freelancers now primarily use Canva instead of Adobe's Creative Cloud products.


Adobe's shares fell after a downgrade by BMO Capital Markets, highlighting rising competition and lack of near-term catalysts.


BMO analyst Keith Bachman downgraded Adobe from Outperform to Market Perform and lowered the price target from 400 to 375 due to intensifying competitive dynamics.


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