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PiezoMotor: Strong Business Pipeline

2021-02-18

12:31

HA

ME

Henrik Alveskog

Mattias Ehrenborg

Redeye raises estimates and valuation following an upbeat full-year report and recent business news. Several important orders have been announced lately and PiezoMotor obviously has a very strong pipeline of new projects for the coming years. Our valuation range is moving north and our Base case fair value is now SEK 60 per share, suggesting further potential despite a strong share price performance lately.

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