NEA 0.24% $2.08 nearmap ltd

Cutting Edge Technology Company, page-10

  1. 483 Posts.
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    Well for now maybe at value but I think most holders here expect a big long-term upside. Also Morgan Stanley had it at $1.40 until the last news when it jumped and they increased target to $1.80. So it depends on your trading targets really.
    From report:
    Stock RatingOverweight
    Industry View In-Line
    Price Target A$1.80
    Nearmap Ltd Another beat...we bring forward CF break-even to FY19 NEA pre-guided its FY18 result today. The highlights were 1. a strong sales performance across A/NZ; 2. a steeper ramp in US; and 3. a lower cash burn than expected. We lift revenue 10% in FY19e and 17% in FY20e. Reiterate OW.
    WHAT'S CHANGED? Nearmap Ltd (NEA.AX) From: To: Price Target A$1.40 A$1.80
 
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Currently unlisted public company.

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