Enea: Hesitant Customers Create Interesting Entry Point
Research Update
2022-07-18
07:25
Redeye thinks the Q2 report was weak and indicated a hesitant market climate. However, the following sharp drop in the share price creates an interesting opportunity to get into a quality company with, hopefully, temporary problems at a cheap price. With a seasonally strong H2 and a promising pipeline of opportunities, Redeye thinks the sentiment could soon be turning. Redeye lowers estimates and its valuation range.
JVK
Jesper Von Koch
Disclosures and disclaimers