Re: New research report 5/11/16 by Marcel Wijma, Van Leeuwenhoeck Institute
posted on
May 12, 2016 11:17AM
Also, there was an updated Stonegate Capital Partners analyst report put out on 3/15/16 to follow up on their initial one from November 2015. Stonegate indicates on their website that they will update quarterly or as needed. Their price target range is $3.73 - $9.61 per share, a much larger range than the $8.50 that the Van Leeuwenhoeck report listed. I've put both analyst reports into the link library. Amongst the three recent analysts including the two above and Zacks, seems like Zacks gives the low end estimate ($3.25 on 11/3/15 is their most recent), Van Leeuwenhoeck gives the single high end of $8.50 on 5/11/16, and Stonegate vies the range of low and high ($3.73 to $9.61). The good news is that all are higher than where we stand now!
BearDownAZ