Zacks Initiates Coverage of Onfolio With Neutral Recommendation
Portfolio Pulse from
Zacks has initiated coverage of Onfolio (ONFO) with a 'Neutral' rating. The company is leveraging acquisitions for growth but faces challenges with profitability, debt, and liquidity.
February 12, 2025 | 5:00 pm
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Zacks has initiated coverage of Onfolio with a 'Neutral' rating, highlighting its strategy of using acquisitions for growth. However, the company faces challenges related to profitability, debt, and liquidity.
Zacks' 'Neutral' rating suggests a balanced view on Onfolio's prospects. While the company's acquisition strategy is a positive for growth, the challenges in profitability, debt, and liquidity are significant concerns that may offset potential gains in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100