Post by
MacBook on Jun 06, 2024 12:26pm
baystreet
still soft on vnp. upgrades starting to come in with only slight price bumps.
The street has been wrong on 12 motth targets for the last year as VNP has blown past all estimates with weeks of report coming out.
The last 2 weeks shorts down 300K with price up about $.75. still another 1.3M that need to cover.
FSLR that runs on VNP is poised to breaking to all time highs.
VNP still short of all time high ... plenty of room to run
VNP to $10
Comment by
Possibleidiot01 on Jun 06, 2024 1:38pm
Here's one of those upgrades. VNP 5N Plus Target Raised by Desjardins C$5.86 -1.5% C$6.25 C$6.75 Buy
Comment by
invest92 on Jun 06, 2024 2:10pm
I would say they are very conservative to raise price target. Watever the reason is,... The end of this year I am looking at least $10+, I hope.
Comment by
MacBook on Jun 06, 2024 3:35pm
same houses that managed the shorting at 3 trying to manage the gap up so it doesn't hurt as bad ... listen to the market ... demand for VNP stuff is on a tear !!
Comment by
invest92 on Jun 07, 2024 1:02pm
Mac, here we see some progress. Cormark BUY rating $7.50. Is this new uptick from this guy. don't know what he had rating before.
Comment by
Possibleidiot01 on Jun 08, 2024 10:00am
Not a rating change , target raise from $6.50
Comment by
MacBook on Jun 08, 2024 12:12pm
comark like most of baystret has been adjusting targets every few months. The short vnp thesis evaporated last year with shorts led by baystreet holding the bag. Every since they've been slow walking the VNP long thesis. This is a north american asset that is second to none in a world that is rapidly onshoring away from asia. glta
Comment by
WattDoINo on Jun 07, 2024 4:41pm
https://youtu.be/tpprOGsLWUo