5N Plus Inc T.VNP

Big haircut today

[winnerswing]

A steep price drop occurs today.

Do you think market overreacted at 1.50$?

[Possibleidiot01]

Here are  the reasons for the drop. 5N Plus (TSE:VNP) was downgraded by analysts at National Bank, Inc. from an "outperform" rating to a "sector perform" rating. They now have a C$2.50 price target on the stock, down previously from C$4.25.This represents a 93.8% upside from the current price of C$1.29. Laurentian has these headlines 05 mai 2022 VNP Q1-22 Initial Take

[Possibleidiot01]

5N Plus (TSE:VNP) had its price target lowered by analysts at Raymond James from C$4.00 to C$3.00. They now have an "outperform" rating on the stock.This represents a 145.9% upside from the current price of C$1.22. As faras I can tell everybody downgraded and RJ is the most optomistic

[winnerswing]

What a silly question I asked: no, I'd rather say: do you think market is still UNDERreacting at 1.10$?

[winnerswing]

1.36$ today: a step in the good direction!