GREY:XEBEQ - Post by User
Post by
tamaracktopon Dec 22, 2021 12:29pm
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Post# 34254884
Eureka!
Eureka!Remember this?
"Xebec (XBC-T, BUY, $17.50 TP): We are increasing our target price to $17.50 from $12.50 previously. Our revised target price contemplates a 25.0x terminal multiple (15.0x previously) for its Cleantech Systems segment, with our Industrial Service and Support (10.0x) and Infrastructure (15.0x) segment multiples remaining unchanged."
That was from TD's January 14 2001 research update.
Xebec had closed at $11 that day.
It peaked at $11.55 two trading days later.
Aaron is a good contrary indicator.