Post by
nevertrumper on May 02, 2022 8:34am
ANRG still TD's Top Choice in Clean Tech
Our Sector Stance: OVERWEIGHT Industry View & Top Pick Unchanged: Although short-term challenges persist, we continue to see attractive long-term value across our coverage and are maintaining our OVERWEIGHT sector stance. With the tailwinds noted above and no significant news flow expected with the quarter, our preference for sector exposure continues to revolve around companies with differentiated, difficult-to-replicate products and services, with ready-to-commercialize business models and a well-articulated, plausible path to growth and profitability. To this end, our best idea in the Clean Technology space is Anaergia (ANRG-T, SPECULATIVE BUY, $30.00 target price), based on the combination of its broad intellectual property portfolio, strategic focus on municipal waste, the pursuit of a growth-focused infrastructure model, and its ready-to-commercialize business model.
Comment by
ZouZS3 on May 02, 2022 9:59am
This story is just like when TD had a strong buy 17.50 target on xebec back in Jan 2021. They don't want retail to sell so they can make their moves. 30$ ?????? It's hitting a new low everyday.