Evolution AB Stock Price Sees Significant Increase

Evolution AB, a leading gaming company, has experienced a notable increase in its stock price in recent days. This development is attributed to revised price targets from analysts at Citigroup and Berenberg.

• Citigroup has set a new price target of 1,170 kronor for Evolution AB’s stock.
• Berenberg has increased its price target to 700 kronor.

Both analysts have reaffirmed their “buy” recommendations for the stock, contributing to the upward momentum in Evolution’s stock price. The company’s stock has been trading at a relatively high level.

The company’s strong presence in the gaming industry and its fully integrated B2B live casino solutions are likely factors contributing to the positive outlook.