In a report released today, Martin Comtesse from Jefferies maintained a Buy rating on DocMorris, with a price target of CHF12.00.
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Martin Comtesse has given his Buy rating due to a combination of factors including DocMorris’s strategic positioning in a growing market and its potential for margin expansion. The company is capitalizing on innovations like Telemedicine and electronic prescriptions, which are gaining traction in Germany, thereby enhancing its competitive edge.
Additionally, the management’s clear mid-term guidance and strategic initiatives are expected to drive sustainable growth. These elements collectively contribute to a positive outlook for DocMorris, justifying the Buy recommendation.