Wells Fargo Double-Downgrades Adobe and Upgrades Tyler Technologies

1 min read

Adobe shares fell 2.6% in premarket trading Monday, while Tyler Technologies gained 2.5%.

By Enna Lee

Published Oct 12, 2026, 7:26 AM EDT

Wells Fargo double-downgraded Adobe and upgraded Tyler Technologies on Monday, putting both software companies in focus before U.S. markets opened.

Adobe shares fell 2.6% in premarket trading, while Tyler Technologies shares rose 2.5%. The moves followed the changes to the firms’ ratings.

The rating updates made Adobe and Tyler Technologies two of the companies drawing attention in early trading on Oct. 12.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.