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HXGBY / Hexagon: Upside After Q2 - I Now Say That You Can 'Buy' (Rating Upgrade)

Hexagon: Upside After Q2 - I Now Say That You Can 'Buy' (Rating Upgrade)
Hexagon's 2Q23 report fell below analyst expectations, leading to a double-digit drop in stock price. Despite the decline, the company's overall growth in various segments remains strong, with significant contract wins. Hexagon is launching an efficiency program to reduce costs and increase savings for shareholders. I view the company as a "BUY" now, but I wouldn't go into the common share without some safety. I go through my investment approach here. Read More
Posted: Aug 1 2023, 05:10
Author Name: Seeking Alpha
Views: 112386

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Hexagon: Upside After Q2 - I Now Say That You Can 'Buy' (Rating Upgrade)

By Seeking Alpha
August 1, 2023

Hexagon: Upside After Q2 - I Now Say That You Can 'Buy' (Rating Upgrade)

Hexagon's 2Q23 report fell below analyst expectations, leading to a double-digit drop in stock price. Despite the decline, the company's overall growt more_horizontal


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