Freelance.com: well oriented with a broker upgrade
(CercleFinance.com) - Freelance.
com gains more than 3%, helped by an upgrade from 'hold' to 'buy' by Stifel, with a price target maintained at 3.8 euros, following a half-yearly publication showing a modest rise in pro forma EBITDA.
We believe that momentum could soon turn positive, with a gradual cyclical recovery expected in 2025, thanks to falling energy prices and lower interest rates", says the broker.
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