EUROAPI : Morgan Stanley initiates 'weight online' recommendation
'As a new entrant to the pharmaceutical outsourcing market (CDMO), and with an already well-established footprint, Euroapi is in an ideal position to win market share', the analyst believes in a note.
Instead, a succession of earnings warnings and weaker-than-expected publications have dampened investor enthusiasm', he argues.
In such conditions, the intermediary prefers to wait for better visibility before being more positive on the stock.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction