Stifel analyst Julien Onillon upgraded Esker SA to Buy from Hold with an unchanged price target of EUR 175. The shares are down nearly 25% in three months, which is overdone given the company’s fundamentals, growth and operational excellence, the analyst tells investors in a research note. The firm says the company’s slowdown in order intake during 2023 "seems to be well integrated into the share price and the company has returned to attractive valuation levels."
Published first on TheFly
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