Redeye: Anoto - The stock looks too bombed-out
We have updated our Anoto research. Shares have tanked (-57% YTD) due to a long list of problems. Even though we lower our estimates and our valuation, we believe the stock is too bombed-out at the moment and we are therefore more positive than ever about the stock. Over the past few months, the ANOT stock has traded below our base case for the first time in our five-year long coverage.
Read more and download the research update: http://bit.ly/2JRR8ez
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This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/about/