- (PLX AI) - Pandora is likely to beat the consensus estimates for second-quarter EBIT, analysts at Kepler Cheuvreux said, raising their price target on the stock to DKK 870 from DKK 750.
- • Hold rating maintained
- • Higher sales in Q2 are likely to fuel the EBIT overperformance, Kepler said
- • The analysts are a bit more cautious on the gross margin, where they are only 20bps above consensus
- • Pandora's quarter likely started very strong, but the momentum may have leveled somewhat: Kepler
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