HAMBURG (dpa-AFX Broker) - Analysts Warburg Research lowered its price target for Adesso from 200 to 195 euros after the company's first-quarter figures, but left its rating at "buy". The IT service provider's profitability failed to keep pace with revenue growth in the opening quarter, analyst Andreas Wolf wrote in a study published on Monday. Due to the weak operating result, he has now reduced his earnings estimate and subsequently therefore also his price target./ck/gl

Publication of the original study: 08.05.2023 / 08:15 / CEST First disclosure of the original study: Date in study not specified / Time in study not specified / CEST

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