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Article: Stockgroup.com Announces Par Analyst Initiates 'Buy' Rating And $12 Target On Stockgroup.Com.
- Article from:
- Business Wire
- Article date:
- February 4, 2000
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Business Editors
NEW YORK--(BUSINESS WIRE)--Feb. 4, 2000
Stkgrp.comHold (OTC BB:SWEB) An initial Public Analysis and Review (PAR) Report on Stockgroup.com Holdings, Inc. (OTC BB:SWEB) was issued by analyst Darren E. Robinson, CFA with a &uot;BUY&uot; recommendation. This follows other reports issued on the Company in the past few months that contain positive recommendations.
In the February 2, 2000 Stockgroup.com report, Mr. Robinson sets a 12-month target price of $12, versus a current price of $3. In his earnings model, Mr. Robinson projects that Company revenues should reach US $27 million in 2001, up from an estimated $6.7 million and $1.9 ...