Broker Upgrades

When does the analyst community start to throw in the towel and upgrade their price target for Vocus? With the current analyst estimate according to Bloomberg $2.66 across 13 analysts, the street has clearly been wrong on this name and momentum is against them.

At some stage the analysts will be forced to lift their estimates to avoid looking stupid (again), with the share price targets likely to be increased to above the current share price. This should result in a further re-rating of the stock.