- (PLX AI) - Stillfront needs to deliver on its full-year guidance to restore investor confidence, analysts at Bank of America said, starting coverage of the stock with a neutral rating.
- • Price target SEK 29 implies upside of 24%
- • Stillfront targets a return to mid-single-digit growth this year after 4 quarters of decline, but the guidance is back-end loaded, which is a downside risk, BofA said
- • IDFA overhang makes new user acquisition more challenging, while Super Free studio's performance has been patchy: BofA
- • On the plus side, Stillfront is trading close to all-time lows on valuation, while operating in a fast-growing market with a superior margin: BofA
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