BE SEMICONDUCTOR: It’s time to take a break | NEUTRAL vs. BUY | EUR35(+6%)
BE SEMICONDUCTOR - NEUTRAL vs. BUY | EUR35(+6%)It’s time to take a break
A year of strong recovery held back by COVID-19
Management has again proven strong operational discipline
Opportunities in 2021 remain intact
Despite all the positives, risk/reward ratio is no longer attractive
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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