AYVENS : Stifel remains Buy, reduces its target
He lowered his estimates in view of this surprise loss, which 'is likely to be a recurring one', but the main disappointment of the publication remains the absence of a new dividend target.
While this 'would have reassured investors who no longer have confidence in the company', the broker believes that they 'will have to wait another three months to expect a significant rebound in the share price'.
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