Apr. 22 at 9:46 PM
This is directly from the Litchfield Hills analyst report on
$ATCH :
Litchfield assigns a buy rating and
$1 price target ***excluding*** a forecast of Dawson James revenue, Glendale Securities revenue (the additional announced but unnamed clearing client when the report was written), the pending bank acquisition, or any contribution from the fintech assets. In Litchfield's opinion, each of these excluded elements represents potential upside.
Further, there's already a third clearing client and a fourth unnamed one.
Summary:
$1 price target is very conservative based on what's not included.
The report can be downloaded here: https://hillsresearch.com/current-research/
