(Finance) – Intesa Sanpaolo has increased to 3.70 euros per share (from 3.10 euros) the Objective price on Seca company listed on Euronext Star Milan and activates in the field of technological innovation and the Etheror of Things, and has maintained the judgment on the title A “Buy“Given the potential Upside of 83%.
Analysts write that, after the results of 2024 influenced by destocking, the orders portfolio and the book-to-bill trend suggest now that it has been reached a turning point. While working on efficiency, in 2024 Seco focused on the expansion of its offer of products also through partnerships, which are giving life to a solid pipeline of new products for the Edge division.
This, together with a growing penetration of the IoT Clea software, should be the main growth engine for the company – says Intesa – in a scenario provided with a normalization of interest rates, Strong signals of the beginning of a new cycle of corporate capex and an acceleration in the adoption of Edge Computing systems (HMI) and on the Edge.
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