A target valuation of 14 cents and an EPS of 11.5 cents are incompatible numbers in my opinion.
It seems they are trying to report traditional estimates while factoring in the incalculable risk that surrounds the companies future.
Why not simply estimate EPS and state that a valuation cannot be made under such uncertain circumstances?
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- jb were slashes rating on cer & cnp to a hold
jb were slashes rating on cer & cnp to a hold, page-20
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