OTCPK:ICPVF - Post by User
Comment by
downwithdotcom1on May 26, 2021 11:30am
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Post# 33267721
RE:IA Capital Markets.. G&M Upgrades
RE:IA Capital Markets.. G&M Upgrades quelle surprise...dwdc
"Mr. Foscolos maintained a target of $19.50 for Inter shares. The average on the Street is $17.66, according to Refinitiv data. Since BIP announced the offer, IPL has (a) initiated a strategic review process, (b) delivered solid Q1/21 results underpinned by strong NGL frac spreads, which should continue into 2021, and (c) provided additional details regarding the HPC, including an updated capital cost estimate and EBITDA guidance. Finally, stock prices in the sector have sharply rebounded, with IPL underperforming peers, he said."