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Redeye is now raising forecasts and valuation following the announced partner deal for cell phone cameras and a solid Q2 report. During 2021 PiezoMotor has really executed on its strategic growth plan and there could be more just around the corner. New acquisitions are obviously on the agenda. With just over 40% organic growth YTD and acquisitions on top of that, PiezoMotor is showing very good momentum. Our new forecasts and valuation suggest a higher fair value range: SEK 40-140 per share with a Base case around SEK 90 per share.
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