2021-09-02 17:47:52
SAC downgrades Advancer Global to 'hold' with lower TP of 12.8 cents
SAC Capital has downgraded its recommendation on Advancer Global to “hold” from “buy” as it sees the ongoing crunch in manpower as the company’s “biggest bugbear”. The company, for the 1HFY2021 ended June, reported an 8.5% y-o-y decline in revenue of $30.0 million, which stood below th...
