Strange of UBS to put out another Buy after yesterday's update but with a lower price target.
It's now BUY with $4.80 target.
Notes: "The extent of progress around the CBI investigation is a key positive compared with investor expectations, UBS asserts. The loss of license appears unlikely given a focus on remediation.While additional compliance costs are larger compared with the broker's previous estimates the vendor maximum earn-out has been reduced to $14m from $101m. Buy rating unchanged. Target is reduced to $4.80 from $5.30."
Even though the price target is now lower, I guess I can't complain about $4.80
Strange of UBS to put out another Buy after yesterday's update...
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Last
93.8¢ |
Change
0.008(0.81%) |
Mkt cap ! $350.7M | |||
| Open | High | Low | Value | Volume |
| 93.5¢ | 96.0¢ | 93.5¢ | $278.5K | 293.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4356 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 16623 | 14 |
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| Last trade - 11.05am 01/08/2024 (20 minute delay) ? |
| EML (ASX) Chart |