# Wells Fargo Double-Downgrades Adobe and Upgrades Tyler Technologies

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30240
Published: 2026-10-12T11:26:45.000Z
Updated: 2026-10-12T11:26:45.000Z
Section: Investing

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

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.