HAMBURG (dpa-AFX Broker) - The private bank Berenberg has lowered its target price for Compugroup from 49 to 46 euros, but left its rating at "Buy". After the preliminary annual figures and the outlook of the software provider specializing in medical practices and hospitals, he lowered his earnings forecasts, analyst Wolfgang Specht wrote in a study published on Tuesday. In addition, extraordinary expenses should burden the cash flow. The valuation discount of the share to the sector has widened. However, he expects a series of events in the coming weeks at which the management should comment on the details about adjustments, restructuring measures and medium-term profit targets that investors have missed. The company could thus regain confidence./gl/edh

Publication of the original study: 19.02.2024 / 17:16 / GMT First dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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