PSTNY - PostNL Stock: Why I Am Upgrading From Sell To Hold
2024-06-22 08:06:17 ET
Summary
- PostNL stock lost nearly 30% of its value since the last discussion.
- Q1 results show declining revenues and EBIT, with challenges in the mail segment.
- Outlook for 2024 lacks appeal, stock upgraded from Sell to Hold, but risk-reward profile not attractive.
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PostNL Stock: Why I Am Upgrading From Sell To Hold