Nacon: Invest Securities remains Buy and adjusts its target
(CercleFinance.com) - Invest Securities confirms its speculative Buy rating on Nacon shares, with a price target lowered from 1.
9 to 1.8 euros.
The broker reports that management is very optimistic for the 2025/26 financial year, with the release of Hell is Us a potential game-changer.
H1 24/25 results are rather reassuring, although we will wait for the publication of the half-yearly report to adjust our expectations, and the prospect of FCF >0 in 2025/26 announced by management is far from being integrated", the analyst points out.
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