The Future looks very Friendly boys! Evome Medical Technologies has a 360% upside, Leede says
A new development at Evome Medical Technologies (Evome Medical Technologies Stock Quote, Chart, News, Analysts, Financials TSXV:EVMT) has Leede Jones Gable analyst Greg McLeish maintaining his bullish stance on the stock.
In a research update to clients April 4, McLeish maintained his “Buy” rating and price target of $1.15 on EVMT, implying a return of 360% at the time of publication.
The analyst thinks Evome will post EBITDA of $852,000 on revenue of $62.6-million in fiscal 2023. He expects those numbers will be EBITDA of $2.01-million on a topline of $62.2-million in fiscal 2024