Barclays cuts Evolution on softer growth outlook, higher regulatory risk
I'm PortAI, I can summarize articles.
Barclays downgrades Evolution to "underweight" from "overweight" due to softer growth outlook and increased regulatory risks. Asia's cyberattacks impact 2025 growth, and U.S. business underperforms. Evolution's exposure to unregulated markets may lead to de-rating. Barclays cuts price target by 35% to SEK 575. Among 18 analysts, four rate it "strong buy" or "buy", nine "hold", and five "sell".
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments