Redeye: Westpay - Long-term potential remains, but patience will be required

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We have conducted some negative forecast adjustments and also decreased our Redeye Rating, which leads to a lowered Base-case valuation. The current share price indicates almost zero growth expectations, a little too harsh according to us. We still find the long-term potential as highly promising, but patience will be required as it could take some time before a revaluation occurs.

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