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Truecaller AB Class B ( ($SE:TRUE.B) ) has issued an announcement.
The Swedish Authority for Privacy Protection (IMY) has dismissed a claim against Truecaller regarding a breach of GDPR, following an investigation into the company’s data practices. This outcome reinforces Truecaller’s commitment to data privacy and integrity, as no enforcement actions or penalties were imposed, potentially strengthening its reputation and trust among stakeholders.
The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK50.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.
More about Truecaller AB Class B
Truecaller AB Class B is a leading global platform specializing in verifying contacts and blocking unwanted communication, aiming to facilitate safe and efficient interactions between individuals and businesses. The company is particularly focused on combating fraud and unwanted communication in digital economies, especially within emerging markets, and serves over 450 million active users worldwide. Truecaller is listed on Nasdaq Stockholm since October 2021.
Average Trading Volume: 1,120,228
Technical Sentiment Signal: Sell
Current Market Cap: SEK14.98B
Learn more about TRUE.B stock on TipRanks’ Stock Analysis page.