QleanAir: Near Term Uncertainty – Long Term Opportunity - Redeye

Redeye lowers its valuation of QleanAir following a weak Q2’22 report. We reduce our expectations for the Air Cleaner and Cleanroom segments, driven by higher uncertainty regarding future growth rates. Still, we identify a solid upside in the share, arguing that the market has more than discounted the uncertainty in the current share price.

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