STRAX: Improved Outlook
Research Update
2020-09-29
07:20
Redeye remains positive to STRAX following a solid Q2-beat, with topline growth of 27% y/y. The performance during the COVID-19 crisis has surpassed our expectations, and we believe STRAX, with a solid pipeline, is well-positioned to grasp the opportunity as the market recovers. As we previously highlighted, the strong performance justified an increased base case valuation.
OV
VW
Oskar Vilhelmsson
Viktor Westman
Disclosures and disclaimers