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Onsdag 28 Oktober | 21:16:21 Europe / Stockholm

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Sedana Medical Q2 - Slower sales ramp-up and new financial targets

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Sedana Medical Q2 - Slower sales ramp-up and new financial targets

2023-08-15 15:10:00

Redeye lowers its sales estimates on all time horizons for Sedana Medical following the Q2 report, rendering downward changes to our fair value range. We see a continuous uncertainty in its sales growth prospects in the medium term, further supported by the company’s scrapped 2025e sales target, which is replaced by other short-term targets. Still, the US could have significant upside potential if the company successfully manages its EU roll-out.

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