RE:Hey onec007...joelou wrote: Morgan Stanley just raised their target price from 15 to $16 CAD. :-)
cheers. JL
I never understand the TP they come up with. I see some downgrades that'll go on and on about how terrible the year is going to be for XYZ corp and finish with TP $20 current SP $12. What!!??
Then you've got CVE that is by all accounts vastly undervalued relative to FCF and they have a 7% TP over current SP ($15 vs $14). Go figure.