- (PLX AI) - CBrain is trading below fair value after a drop of more than 30% in the last 2 weeks, analysts at ABG Sundal said, raising their recommendation on the stock to buy from hold.
- • Price target cut to DKK 385 from DKK 400, implying upside of 16%
- • CBrain is a long-term winner backed by public digitization trends, ABG said
- • Deeper international penetration and outsourcing of lower-margin and people-dependent implementation to partners like Nortal and IBM will contribute to margin expansion: ABG