GBC Cuts Syzygy Price Target to EUR 2.30 From EUR 2.70
Bitget2026/11/04 09:30- GBC cut Syzygy’s price target to EUR 2.30 from EUR 2.70 in its November 4, 2026 report, retaining Buy.
- The target runs through December 31, 2027; weak demand prompted lower revenue and earnings forecasts.
- For 2027, revenue is forecast at EUR 51.02 million, down from EUR 53.02 million.
- EBIT estimates fell to EUR 2.07 million from EUR 2.64 million; further cost savings are expected to support profitability.
- For 2028, projected EBIT was lowered to EUR 2.63 million from EUR 4.03 million.
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