GREY:XEBEQ - Post by User
Comment by
tamaracktopon Apr 01, 2022 8:12am
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Post# 34566179
RE:Notice this as well!
RE:Notice this as well!Combine the two very legitimate arguments I made about analysts this morning.
By extension, it follows that when Xebec hits $3, perhaps after the MOU is finalized, or for whatever reason, the analysts will raise their targets to $4.50 (ish).
And so on, and so on.
This is precisely and exactly what happened when TD raised their target from $6.50 to $12.50, to $17.50 between October 31st 2020 and January 14th 2021.
It very likely won't happen so fast, but it will happen again.
Markets are cyclical.