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On Tuesday, Berenberg analysts downgraded Yubico AB (YUBICO:SS) stock from Buy to Hold. The decision comes as analysts express concerns over short-term uncertainties affecting the company’s outlook.
The analysts also lowered their price target for Yubico stock to SEK160.00 from SEK270.00. This adjustment follows a review of Yubico’s recent performance, particularly its first-quarter report, which revealed a 10% year-over-year decline in order bookings.
While Yubico’s long-term prospects remain attractive, the analysts highlight potential challenges in the near term. They noted that their updated earnings before interest and taxes (EBIT) estimate for 2026 is 35% below consensus expectations.
The revised price target and rating reflect these concerns, as the analysts aim to align their recommendations with current market conditions and Yubico’s financial trajectory.
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