Q: Hello 5i,
WELL seems to be breaking out. Up 47% since June 22/25.
You previously mentioned a price target of $5.25 by year end. Do you see further upside?
What do you think is causing this rise?
Thank you
Dave
WELL seems to be breaking out. Up 47% since June 22/25.
You previously mentioned a price target of $5.25 by year end. Do you see further upside?
What do you think is causing this rise?
Thank you
Dave
5i Research Answer:
WELL participates in an investment conference on Thursday, but other than that there has been no company news in nearly two months. We see not concrete reason for the rise, but might argue that it shouldn't have been $4.15 anyway. It is a cheap stock with good growth prospects.