VusionGroup: EuroLand Corporate raises TP
(CercleFinance.com) - EuroLand Corporate reiterates its 'buy' recommendation on VusionGroup and raises its target price from E195 to E215, welcoming a new agreement with Walmart US to extend the deployment of its solutions to its entire US fleet.
This new announcement is a very powerful catalyst for the stock in the coming months, as it improves even more significantly Vusion's revenue visibility over the next few years, the analyst says.
He adds that it once again reflects - if some doubted it - the group's value proposition for retailers as well as its exceptional execution capacity, and strengthens the links between the company and the world's largest retailer.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
This new announcement is a very powerful catalyst for the stock in the coming months, as it improves even more significantly Vusion's revenue visibility over the next few years, the analyst says.
He adds that it once again reflects - if some doubted it - the group's value proposition for retailers as well as its exceptional execution capacity, and strengthens the links between the company and the world's largest retailer.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.