Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Broadridge Financial Solutions, Inc. (NYSE: BR)
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Wednesday, September 28, 2022
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However, Spruce Point does not believe that Broadridge is a high-quality SaaS business as its financials look nothing like one.
Key Points:
- However, Spruce Point does not believe that Broadridge is a high-quality SaaS business as its financials look nothing like one.
- However, Spruce Point believes the Company is experiencing both short- and long-term pressures that are impacting financial results.
- Spruce Point Capital Management, LLC is a forensic fundamentally-oriented investment manager that focuses on short-selling, value and special situation investment opportunities.
- Spruce Point Capital Management, LLC is a member of the Financial Industry Regulatory Authority, CRD number 288248.