RBC 25 Jan26 Apr 2022 21:34
RBC said: "Amid the controversy around THG, we see fundamental value in the shares. Our analysis of Ingenuity's potential suggests SoftBank's valuation might indeed be reasonable, rather than fair-fetched.
"With the shares down a further 60% in the last three months, top line earnings expectations reset and catalysts ahead, we see risks skewed to the upside from here."