Intermonte analyst Pietro Nargi maintained a Buy rating on CY4Gate SpA today and set a price target of €10.00.
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Pietro Nargi has given his Buy rating due to a combination of factors, primarily the company’s strong start to the year and better‑than‑expected financial performance. CY4Gate delivered robust revenue growth, improved profitability, and stronger cash generation, with foreign markets and key business lines driving a sharp uplift in sales and margins beyond prior assumptions.
At the same time, the order pipeline and backlog provide solid visibility on future revenues, supporting confidence that current guidance may prove conservative. These trends led Nargi to raise his forecasts above management’s midpoint, increase the target price to €10, and view the stock’s valuation as attractive relative to its medium‑term earnings and cash flow potential.