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Truecaller: Priced to Never Rise Again - Redeye

Redeye states that while the Q3 report was a clear dissapointment, the share-price reaction was overly dramatic. Redeye lowers its estimates and raises its WACC, causing a reduction of its fair value range. Nevertheless, Redeye thinks the company is now priced as if the ads market will never bounce back again.

Redeye states that while the Q3 report was a clear dissapointment, the share-price reaction was overly dramatic. Redeye lowers its estimates and raises its WACC, causing a reduction of its fair value range. Nevertheless, Redeye thinks the company is now priced as if the ads market will never bounce back again.
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