CybAero: Revised Redeye Rating, but with unchanged fair value range
Research Note
2016-07-08
12:10
Given the recent changes to the company's management and board, we have revised our Redeye Rating. In our rating of the company's ownership, we decrease the company's quality score by one point. This is mainly the result of limited stock ownership of the reconfigured board and the new CEO as well as his (albeit temporary) seat in the board, despite not being a significant owner in the company. Our fair value range remains however unchanged. Read our full comment for further details.
AS
Alexander Sattelmaier
Disclosures and disclaimers