Goldman Sachs downgraded Sinch to Sell from Neutral with a price target of SEK 22, down from SEK 28. The analyst sees a lack of visibility around the company’s near-term growth recovery given headwinds like macro challenges along with an inability to pass on price increases to customers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CLCMF: