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GRABW - Grab: Upgrading Our Rating To Hold Based On Valuation
April, 05 2022 02:41 PM
Grab Holdings Limited Warrant
We began coverage on Grab when it was still a SPAC, rating it a Sell based mostly on valuation but also the significant losses. Since then, the valuation has become a lot more reasonable, although the company still has a lot of work to put itself on a path to profitability. We are changing our rating to Hold, given a more balanced equilibrium of risk versus potential reward. For further details see:
Grab: Upgrading Our Rating To Hold Based On Valuation
Stock Information
Company Name:
Grab Holdings Limited Warrant
Stock Symbol:
GRABW
Market:
NASDAQ
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