A few other facts that I can see going back over the previous reports are that:
1. They have been quite accurate and quite conservative with their predictions.
2. This is a significant upgrade to their previous 12 month target when viewed in history: January 2010 the target was 65c, June 2010 the target was only 67c, and only went up to 85c in November 2010.
Nothing might have happened in the next day or so, but it did happen.
This makes me think that the current target of $1.20 up from 88c is significant.
Cheers,
...just my take on things
EXS Price at posting:
63.0¢ Sentiment: Buy Disclosure: Held