CelLBxHealth moves from cutting to converting

Cavendish says CelLBxHealth’s interim figures indicate it has moved beyond the restructuring phase and is now becoming a commercial business story, implying the “heavy lifting is done.” The note is positive on the transition, but the article provides no specific financial metrics, limiting near-term conviction on price impact.

Analysis

Cavendish says CelLBxHealth’s interim figures indicate it has moved beyond the restructuring phase and is now becoming a commercial business story, implying the “heavy lifting is done.” The note is positive on the transition, but the article provides no specific financial metrics, limiting near-term conviction on price impact.