UBS price target 17 upside target 23 Stage 4 big growth opport., page-37

There's only so much $10B companies can be manipulated. I think H1 will be a cracker and will exceed upper end of guidance.

There's a few high PE stocks being sold down a little even before results given what happened to a few when they had misses; EML, APT, WTC. I think there is enough paranoia to keep this simmering ready for results day which is better than a strong run up next week.

If it wasn't for the coronavirus we would have already seen new highs like we have with the likes of APT. I think some sort of cautious statement in the H1 report is already baked into the SP. Look what happened to the likes of WEB and QAN when they put out their H1 reports - not as bad a feared - and they both shot up. The shorts have overread the situation here as well and are sitting on 7%. It will likely be a very volatile day.