ZIP 1.54% $2.89 zip co limited..

Daily Price Movement / General Discussion, page-26358

  1. 10,870 Posts.
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    EDIT: @vincenski (quote thingy didn't work)

    UBS were first to put out the broker update, with a SELL still sitting at $5.60. I don't find them trustworthy or reliable for any broker targets. They only just raised Afterpay today from Sell $42 to $140.


    These are their notes if you're interested: At first glance, cash operating costs were ahead of UBS estimates in FY21 while the top line was in keeping with the July update. The broker notes the solid start to the first half of FY22.No guidance is provided, although Zip Co expects global market investments will contribute meaningfully to transaction value.UBS highlights that, as FY22 progresses, the hurdles to comparables will increase because of the company's rapid growth in the first half of FY21. Sell rating and $5.60 target unchanged.
    Last edited by Tradinator: 26/08/21
 
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