Jan. 21 at 4:29 PM
$TOYO
It's funny, you see the analyst price target of 18 and see the SP at 7 and you think that's some good upside.
Then you read the below and realize that they are basically telling you that if they trade at the same multiple as their high growth peers the real target would be
$108 but they can't put that out now or people would laugh at them.
This is going to adjust up every earnings in my view. Just like
$DAVE when it was at 30 and Barrington came out with a 75pt. People laughed until 2 earnings reports later it was trading in big triple digits and stayed there as price targets went over 300.
Just stick with it. The next 2 months will bring more analyst coverage, earnings, guidance and more.
