Growens S.p.A., the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Arianna Terazzi from Intesa Sanpaolo maintained a Buy rating on the stock and has a €4.10 price target.
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Arianna Terazzi has given her Buy rating due to a combination of factors that highlight Growens S.p.A.’s promising financial trajectory. The company’s return to positive EBITDA and the robust growth of its Beefree segment are seen as significant positives. The strategic focus on long-term SaaS expansion at Beefree, coupled with a short-term profitability recovery at Agile Telecom, underscores a balanced approach to growth and profitability.
Furthermore, the integration of AI technologies across SaaS and CPaaS platforms positions Growens to capitalize on emerging growth opportunities in AI-driven content and communication. This strategic move, along with the company’s disciplined financial management and sustainable profitability path, supports the Buy rating. The upward revision of projections, particularly for Beefree’s revenue growth, and the focus on margin improvements at Agile Telecom, further justify the positive outlook and target price set by the analyst.