PNV 1.67% $2.35 polynovo limited

What ridiculously low price targets. Are these brokers simply...

  1. 16,604 Posts.
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    What ridiculously low price targets. Are these brokers simply clueless or do they have some other agenda?? I guess they don't care as they know PNV will never need to raise capital again, so they have no reason to try to provide a reasonable valuation. Should be taken with a massive grain of salt and imo investors should add a dollar (at least) to their valuations to arrive at something closer to fair value. Good to see that they're increasing the targets at least to account for PNV's significant outperformance, most likely though because if they retained their original targets they'd look completely ridiculous
 
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