JPMorgan Upgrade KDR. Price Target 3.20, page-2

Thanks for the update Charlie. No doubt one amongst many.

I took te time to re-read the Blue Ocean report from November last year overnight. I generally don’t place too much faith in broker reports but I thought it was one of the best I’d read in years. Looks like we’ve ticked a few boxes since the report was issued. Don’t forget their initial target was $2.50 which is well within striking distance now. They also had targets further out, depending on various assumptions, in the $4 to $5 range.

Anybody seen an updated report from Blue Ocean?

Onwards and upwards...