Yeah I saw that as well most good brokers have been talking it up target around that 4.40 imp
A conservative one if guidance is met or exceeded in the half year the take over premium would be close to 5.50 at this point I would have thought
Switzer described NXT as the dark horse of 2017 back around 3 bucks and was blowing his trumpet the other day about good judges rating NXT a strong buy
I don't take much heed if celeb financial heads or analysts targets I prefer to do my own DCF
I can see NZT easily trading north of 5 dollars end of next year if they keep the growth up of which there is plenty of that
Seems to me NXT has been accumulated in the 2.80
To 3.50 impulsive move upside aplenty next 2-3 years if they are not taken out which in my view will happen
NXT Price at posting:
$3.47 Sentiment: Buy Disclosure: Held
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