Intest Crop (INTT) has disclosed a new risk, in the Economy & Political Environment category.
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The ongoing conflict in Ukraine and related sanctions regime exposes Intest Crop to continued geopolitical, supply chain, and macroeconomic uncertainty that could adversely affect revenue and earnings. While it has qualified an alternative supplier and obtained an OFAC license to source restricted parts for repairs, execution and timing risks remain until materials are physically received and regulatory approvals are fully secured.
Overall, Wall Street has a Moderate Buy consensus rating on INTT stock based on 1 Buy and 1 Hold.
To learn more about Intest Crop’s risk factors, click here.