Jumia model shows resilience, on track for year-end breakeven EBITDA
RBC Capital Markets said Jumia Technologies’ second-quarter performance was good against low expectations, kept an Outperform rating, and cut its price target to $13 from $15.
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RBC Capital Markets said Jumia Technologies’ second-quarter performance was good against low expectations, kept an Outperform rating, and cut its price target to $13 from $15.