RE:TD upgrades to buy - target 2.25TD also increased theri long temr price assumption (how long that is, I don't know, they don't mention) to 3.15 from 3.10 U.S. Wow what a big leap of fatth from therr analyst.
They are forecasting .72 Cash flow per share for 2021. I think they are saying 2.1 next year cash flow per share, which is extremely low and don't forget, this analyst has been very negative on CMMC in the past.
I would put at least 5 times cash flow per share which puts the target at 3.60
Just my thoughts