Fellow Finance: Return to growth within reach - Evli

Fellow Finance’s H1 revenue fell short of our expectations as a result of the business financing driven growth. We expect a return to growth in H2 but have lowered our 2022-2023 growth expectations by some ~10%. We adjust our TP to EUR 3.8 (4.0) and retain our BUY-rating.

Länk till analysen i sin helhet: https://pankki.evli.com/hubfs/ERP/Raportit/Fellow%20Finance/Fellow%20Finance%20210830%20H1%20Company%20update.pdf