SES-IMAGOTAG : Berenberg reiterates its buy recommendation
In its research note, the German bank believes that investors should be prepared for a resurgence of buying interest in the stock following the recent accusations made by the US Gotham fund.
In our view, the consensus does not fully reflect the margin-increasing nature of its penetration rate in a high-value-added segment, nor its growing market adoption, particularly in the US", explains the financial institution.
Its new price target shows a potential upside of around 73% compared with Monday evening's closing price.
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