OPINION CHANGE
CHANGE IN OPINIONAdd vs Reduce
We are changing our recommendation on Swissquote as, despite a stellar performance ytd led by a sharp increase in trading activity, we believe there is still room for some upside.
Trading should remain buoyant in the short term, adding to the short-term earnings momentum and, more importantly, the (sharp) increase in the number of accounts opened in 2020 should prove sustainable in the future and drive management's guidance for 2022 to a higher l ....
13 Jan 2021
Opinion change, from Reduce to Add (Swissquote Group Holding)
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Opinion change, from Reduce to Add (Swissquote Group Holding)
Swissquote Group Holding Ltd. (SQN:SWX) | 0 0 0.0%
- Published:
13 Jan 2021 -
Author:
Farhad Moshiri -
Pages:
2
OPINION CHANGE
CHANGE IN OPINIONAdd vs Reduce
We are changing our recommendation on Swissquote as, despite a stellar performance ytd led by a sharp increase in trading activity, we believe there is still room for some upside.
Trading should remain buoyant in the short term, adding to the short-term earnings momentum and, more importantly, the (sharp) increase in the number of accounts opened in 2020 should prove sustainable in the future and drive management's guidance for 2022 to a higher l ....