CellaVision: New CEO is Positive news

Research Note

2020-12-01

09:07

Redeye takes a positive stance on the announcement of the new CEO, Simon Østergaard. There has been uncertainty in the market since the former CEO decided to leave, so we see this as a positive step with an experienced person taking over the reins. The new CEO will take over in march 2021. We reiterate our Base Case of SEK 325 and our Bull- and Bear Case of SEK 490 and SEK 220, respectively.

MH

Mats Hyttinge

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