"I reiterate my “outperform” recommendation on the stock with a price target of $4.74 a share."
Personally, i prefer to base my investment decisions on profit, not revenue. While revenue may fall (normalised) profit is forecast to increase as a result.
"The agreement provides service and technology revenue certainty and, as a consequence, whilst lowering sales revenue at the top line, will increase profitability and therefore will be earnings accretive."
PPT Price at posting:
$47.99 Sentiment: None Disclosure: Not Held
ITQ Price at posting:
$3.60 Sentiment: Hold Disclosure: Held
