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The Street is too Negative on Adobe's (ADBE) Figma Acquisition - UBS

October 13, 2022 2:05 PM EDT

UBS analyst Karl Keirstead told investors in a note on Thursday that the Street is too negative on Adobe Systems (NASDAQ: ADBE) deal to acquire Figma.

"We conclude that the Street has likely swung too negative about the strategic merits of the Figma deal and even... More