15 July 2019Nearmap Ltd (ASX: NEA)
Analysts at Citi have retained their buy rating and increased the price target on this aerial imagery technology and location data company’s shares to $4.39 following the release of its preliminary full year results. The broker believes the selloff that ensued on Friday following the results release is a buying opportunity. Whilst its analysts have reduced their forecasts a touch, they still expect strong growth over the medium term. I think Citi is spot on and would class Nearmap’s shares as a buy.
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15 July 2019Nearmap Ltd (ASX: NEA)Analysts at Citi have retained...
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