Bullboard - Stock Discussion Forum mCloud Technologies Corp V.MCLD.WT.H

Primary Symbol: V.MCLD.H Alternate Symbol(s): MCLDF

mCloud Technologies Corp. is a provider of cloud technology solutions, namely AssetCare. Customers use AssetCare software-as-a-service (SaaS) and data solutions to ensure assets continuously operate at peak performance. Through its portfolio of AssetCare solutions, the Company enables asset owners and operators in energy and asset-intensive industries, such as oil and gas, wind, and commercial... see more

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TSXV:MCLD.H - Post Discussion

mCloud Technologies Corp > $3.00 TP

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Post by lscfa on Jan 05, 2023 2:28pm

$3.00 TP

Stock: mCloud Technologies (mCloud Technologies Stock Quote, Charts, News, Analysts, Financials TSX:MCLD)

ATB Rating: Outperform

Target Price: $3.00

Projected 12-month return: 150.0 per cent

Critical energy infrastructure management company mCloud had a “very difficult year” in 2022, according to Toner, with the company losing a significant portion of its customer and revenue base. But after some recent customer wins and a new partnership with Google’s Cloud platform, Toner said investors can expect better days ahead for mCloud.

On the Google partnership, Toner said it promises to “bring new customers and improve the business model by lowering sales and marketing expenses.”

https://www.cantechletter.com/2023/01/10-tech-stocks-for-2023-from-atb-capital/

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