As Adobe's Q2 performance exceeded market expectations and raised its full-year performance guidance, many major Wall Street banks raised their target prices on the stock. Software services giant Adobe announced its financial report for the second quarter of fiscal year 2023 after the U.S. stock market closed on Thursday. As Adobe's Q2 performance exceeded market expectations and raised its full-year performance guidance, many major Wall Street banks raised their target prices on the stock. Adobe's Q2 total revenue increased by 10% year-on-year to US $4.82 billion, better than analysts' average expectation of US $4.77 billion; Adjusted earnings per share of $3.91 were better than analysts' average...
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Adobe's prospects are more constructive under the blessing of AI, and major Wall Street banks have raised their price targets
智通财经网2023-06-16
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