BoA upped their shares by a good amount. notice out NZX yesterday.
That's got to be positive ...right ?
Well, literally 3 more trading days after today before all will be revealed. Am expecting there will be some good update around new product launch as that'll be key driver for growth this year in my opinion.
UBS consequently raised its price target on the dual-listed A2 Milk from $NZ2.45 to $NZ2.75 ($A2.60) and altered its view from ‘neutral’ to ‘buy’, mirroring the outlook of Goldman Sachs and Bell Potter.
A2M also the best performing 'market darling' since Trump victory - up 21%
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
UBS consequently raised its price target on the dual-listed A2 Milk from $NZ2.45 to $NZ2.75 ($A2.60) and altered its view from ‘neutral’ to ‘buy’, mirroring the outlook of Goldman Sachs and Bell Potter.
A2M also the best performing 'market darling' since Trump victory - up 21%
Very true, over on HotCopper plenty of banter of a possible takeover of A2. All rumour I suppose at this point of time...
Big jump like this in a short time - watch for profit taking. Just look at the chart history of ATM to see how people treat this puppy!
ATM's spikes and drops are at the mercy of shorters across the ditch most of times, if you can time them well you'll make a nice trade out of them....
On the other hand if you believe in their story and in for long haul, those short term aberrations shouldn't of much worry.
$2.60 and beyond soon? More than happy I topped up during the Bellamy's gloom back in post 5657. Currently 'overweight' with ATM representing over 30% of my portfolio...... Percy might call this 'well positioned.' Roll on results next week.
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