QleanAir: Q3 Review – Stabilized Outlook - Redeye

Redeye lowers its valuation of QleanAir following a soft Q3’22 report. Despite solid sequential improvement, we reduce our expectations slightly across all segments, driven by uncertainty regarding future growth rates. Still, we identify a solid upside in the share, arguing that the market has more than discounted the uncertainty in the current share price.

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