TSXV:PNG - Post Discussion
Post by
Possibleidiot01 on Feb 16, 2024 2:27pm
massive price increase by Canaccord , not really
Our DCF- based target price is raised to C$1.10 (from $1.00) and still equates to ~11x our raised 2024E expectations. With shares trading at <9x midpoint 2024 guided EBITDA, we still believe Kraken’s growth profile remains undervalued.
Not a brave move but then analysts are paid to be cautious sober people.
Be the first to comment on this post