Redeye: Addnode - Soft Design Management Hurts Q2
Redeye believes the sharp share price decline constitutes an attractive opportunity for the long-term investor despite lowering its Base Case. While lowering our EBIT forecasts for 2023 and 2024 by 29% and 23%, we believe the long-term case in Addnode is intact. Addnode is now trading below our Base Case, which is rare from a historical perspective.
Read more and download the Research Update.
Follow companies at Redeye to receive the latest equity research within Life Science and Technology.
This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/