Redeye: Formpipe - Standing strong
Formpipe started the year strongly, and profitability came in significantly higher than we expected. As a result of Formpipe’s long contracts and the SaaS-trend, which we consider to be favorable in the medium term, we have increased our assumptions. The DCF-valuation indicates a value range of SEK 10-24 with a Base case of SEK 17 per share.
Read more in the Research Update by Johan Svantesson: https://goo.gl/34hjak
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This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/