SHB lowers Dynavox to retain and market perform - await better entry point
The bank believes that it may be wise to take some profits and wait for a more attractive buying opportunity, as the stock may experience a somewhat bumpy ride over the next six months.
"Although we still believe that the long-term growth prospects are good, we are lowering our long-term recommendation to market perform (outperform) and our short-term recommendation to hold (buy). Our lowered target price of SEK 83 (87) over three years is justified by our forecast adjustments and corresponds to a P/E ratio per 2026 of 26x," SHB writes.
The share falls 4.3 percent to SEK 59.80.
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