Post by
modulex on Nov 28, 2017 9:09pm
RAYMOND JAMES : OUTLOOK FOR A TAKEOVER
On January 25, 2017, RAYMOND JAMES Financial firm said : Our gut tells us the wait will have been well worth it. We see in NAPEC a promising growth company that continues to fly under the radar of most small cap investors. Our analysis suggests the stock presently carries little downside risk and solid upside as the specialty contractor capitalizes on the growing and dynamic market for electric and gas utility work, and its earnings reach an inflection point later this year. We assign NAPEC an Outperform rating and a target of $1.40, reflecting a potential return of 51% from current levels. ****the stock reached $1.40 today and could well rise to $1.75 by year-end 2017. In the end, it will become swallowed by an american company.