Redeye reiterates its valuation and positive stance. Shares have tanked -11% YTD, but we detect several data points that provide solid support for the expected sales traction. We also see signs that the smartphone market is waking up. However, for now, we keep this a bull-case-only opportunity.
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This is a press release from Redeye – Research Powered Investment Banking. https://www.redeye.se/about/