Montega reiterates buy on Serviceware, sets EUR 25 price target
Bitget2026/09/21 16:27- Montega reiterated a Buy rating on Serviceware on Sept. 21, 2026, setting a 12-month price target of EUR 25.
- Report cited AI as a new scaling lever, pointing to a shift toward higher-margin recurring platform revenue.
- Montega said AI-assisted development lifted feature output by 75% year on year despite a smaller developer team.
- Partner network expansion was flagged as a growth driver, supported by increased international visibility from recent Forrester mentions.
- Montega maintained its view that these initiatives underpin a mid-term EBIT margin target of 10%-15%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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