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Onsdag 28 Oktober | 21:10:34 Europe / Stockholm

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Genovis Q2 2024 - Focusing fully on the enzyme business

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Genovis Q2 2024 - Focusing fully on the enzyme business

2024-08-22 08:36:00

Redeye updates its view on Genovis following the Q2 report and the announced divestment of its antibody business. As a consequence, we have revised our model to reflect lower sales projections and adjusted our fair value range accordingly. However, we believe the 21% decline on the report day was an overreaction and with the share trading in bear case territory R/R looks attractive.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/