BNB babcock & brown limited

This is on compare shares web site"The prospect of insolvency...

  1. 810 Posts.
    This is on compare shares web site

    "The prospect of insolvency was enough for investment adviser Citi to drop coverage of the company, lowering a Sell recommendation on the securities after declaring them to be sub-investment grade with a price target of 32 cents."

    are they suggesting if it stands up it will get to 32 c or am I reading this wrong
 
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Currently unlisted public company.

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