As part of the research tools Schwab brokerage offers stock ratings from various analysts. Here’s the reason the price isn’t skyrocketing.
- Morningstar: 3/5
- Credit Suisse: N/A
- Thomson Reuters: “hold” with PT $27
- CFRA (S&P Global): “sell” as of 4/10
- NDR: neutral as of 4/12
- Argus: N/A
- Market Edge: N/A
- Schwab: N/A
It’s still under the radar of many institutions. And they are not running to update their numbers based on demo day, they are waiting for earning numbers. But we all know that by the time you see supporting numbers you’ve missed the train. However many casual investors aren’t touching the stock because they don’t know it and analysts offer no reason to buy. Let’s see what happens when they update PT to $50 and then $100.