Boozt Drops 4.5% After Danske Downgrades on Guidance Risk

• (PLX AI) - Boozt shares fell 4.5% at the open after analysts at Danske Bank downgraded the stock to hold from buy.
• • Price target cut to SEK 130 from SEK 200
• • Boozt is likely to cut its FY EBIT guidance from the current range of SEK 365-420 million, Danske said
• • Offline retails are gaining back market share from online competitors, so Boozt is likely to see fewer tailwinds this year: Danske