May. 19 at 9:34 PM
$PATH RBC comes in with a random PT reduction again 5/15
$12 from
$14, with nothing but positive news from the company on initiatives over the last 3 months. timing is Curious? Seems crooks want to cover. They also lowered their PT on a beat and raise last earnings. I wonder if this years p/e goes below 10 these firms will continue to cut targets and say their new target is based on EV/Sales like last time (they qualified it by saying their new target is below the historical EV/Sales ratio), lol! They could definitely earn
$1.10 on Adjusted EPS this year which would make current price less than 10x earnings, but i actually don't think the 13x based on the .80 currently projected is bad either ;)!
If they continue to print operating cash -> they can authorize more buy backs and it is a ticking time bomb for shorts.
Nothing burger on the proxy vote proposals, but still submit your votes!
RBC - May 15, 2026: Lowered to
$12 from
$14 (catalyst? bs)
