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Novus Energy Inc NOVUF

Energy Oil & Gas E&P


GREY:NOVUF - Post by User

Novus Energy Inc > CIBC cuts target from $1.20 to $1.10
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Comment by geraton Apr 18, 2013 5:11pm
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Post# 21272328

RE: RE: CIBC cuts target from $1.20 to $1.10

RE: RE: CIBC cuts target from $1.20 to $1.10

I think these analysts react to the current stock price rather than the quarterly reports. They use the post quarterly report period as their excuse the revise their forcasts even when results do not justify.

Based on fundamentals their forecasts should have been raised.

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