GREY:SXHHF - Post by User
Post by
downhole21on May 28, 2007 12:13pm
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Post# 12850708
Laurention Upgrade
Laurention UpgradeSonomax Hearing Healthcare Inc. ( SHH / $.46)-Buy ($) / Target Price: $.60
. Sonomax reported a Q1/07 LOSS OF $0.01 PER SHARE, in line with estimates.
. We have increased Sonomax's rating to a speculative Buy from a Hold and our one-year share price target to $0.60 from $0.40. This implies a total return of 30%.
. We have raised our target price based on improved cost control and cash management.
. We continue to believe that Sonomax will experience significant growth this year and could be break-even before year-end.
This report was put out by Catherine Bouchard, Health Care Analyst, Laurention Bank Securities. 514-350-2938
Intersting. This was issued May 24th/ 07
Enjoy