MDR medadvisor limited
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[23/05] Bell Potter maintains a buy rating on MedAdvisor...

  1. futurenow
    4,217 Posts.
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    23/05/24
    17:59
    Post #: 73980933
    [23/05] Bell Potter maintains a buy rating on MedAdvisor (ASX:MDR) and has increased its 12-month price target to $0.49. The buy rating is maintained by Bell Potter following the release of a positive trading update including revenue levels of $120m-$123m, implying 22% to 26% growth on the prior corresponding period and an EBITDA of $6.8m-$7.6m following a loss of $3m in its prior corresponding period. This has increased revenue forecasts in FY24/25/26, hence the buy rating is maintained.
    MDR Price at posting: 39.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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