Remedy: Increasing Valuation Reflecting Strong Year Ahead

Research Update

2020-03-02

07:30

Redeye upgrades Remedy’s 2020-21 earnings estimates substantially following the full-year 2019 report, our key take away from which was the company’s positive outlook statement. Indeed, we expect Control (which we believe has had a head start to the year) to drive higher revenues and earnings in 2020, one of several catalysts with potential to take the stock higher still.

Tomas Otterbeck

Kristoffer Lindström

Disclosures and disclaimers

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