Noble research report.I'm surprised you guys haven't all glommed onto Exhibit 6 of the report, the income statement. For full-year '23 it projects eps of $.49 largely based on $55million of revenue from partnership milestones. Imagine where that would put the share price.
I'm not suggesting anything improper but I can't imagine the analyst coming up with that figure on his own without at least a wink and a nod from you know who. Keeping in mind the fact that this is paid research, I think the analyst would require considerable guidance to come up with any figure.
Should that come to pass we would be looking at a $10. share price, or better.
Comments?