RE:Beacon securities - raises PT to 2$ Yes, no surprise there, although I'm still astonished that analysts continue to use 12 month price targets. Most speculative price targets involve absolutely no US expansion, so the onboard earnings adds another dimension that at some point will be measured by a standard cost benefit analysis.
I don't think that reckoning happens until Q3 earnings at the earliest. Money is going to continue to pour in and those who don't believe in the thesis sell their equity into the frothy growth.