That's not what it means at all.
Macquarie updated their analysis in the light of new data, and the result was a small adjustment of projected price. Even with the adjustment, the target price still exceeds current share price by a fair percentage.
The meaning is a slightly reduced, but still positive, anticipated growth over the next year.
Ann: CLW 1H FY22 Results, page-8
Add CLW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.25 |
Change
-0.030(0.91%) |
Mkt cap ! $2.349B | |||
| Open | High | Low | Value | Volume |
| $3.30 | $3.36 | $3.25 | $7.140M | 2.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 80780 | $3.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.26 | 3768 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CLW (ASX) Chart |