RE:Stock price target of $1.10 over the next 6-12 monthsThis is kind of a joke. Did they disclose that they have a position in PEA? Do you have a link.
So they are predicting a 100% increase BEFORE an FID is even possible (after July 2021).
Unless PEA can roll out a billion dollar sugar daddy (before they have a price on the LNG) plant... this is just going to happen.
When the boat comes in (FID or early sugar daddy), the price will rise more like several hundred per cent. And if that doesn't happen... it will stay in the range it has been in.
noname99 wrote: Stock price target of $1.10, a 100% increase - predicts Haywood Capital Markets. “This stock possesses perhaps the most upside in our entire coverage universe over the next 6-12 months should the Company continue to defy the naysayers and move the chains down the field.”