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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Comment by termic1on May 17, 2016 7:52pm
190 Views
Post# 24883182

RE:RE:RE:Pricing of PP ?

RE:RE:RE:Pricing of PP ?
They are two completely different things. Outperform is an expectation based upon performance to other stocks, like 5% higher than average. The target price is based upon fundamentals of the stock. So, they can go in opposite directions. However, if for example; if the stocks expected to remain the same for all stocks average; then the target price would go down if you moved from Strong Buy to Outperform. Likewise, you could remain with the same average compared to other stocks; but the price could move up or down based upon the stock fundamentals. I don't know if what I just said made sense or not.
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