'No clear headwind ahead': Stifel ups OVHCloud to 'hold'
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Stifel upgrades French cloud provider OVHCloud OVH.PA to "hold" from "sell" saying it sees "no clear headwind ahead"
"For the first time since its IPO, the group should be profitable in FY25," Stifel says
The broker adds the group's new financial structure also reinforces the priority to cash flows over revenue growth
"Meanwhile, since President Trump unleashed the trade war, OVH's share price soared without any tangible orders to justify it," it notes
Of 11 analysts that cover OHVCloud, four rate the stock "strong buy" or "buy", four "hold" and three "strong sell" or "sell"
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