a perfect storm of Oct adcom approval and NCE not long after should turn this into almost a $20 stock, and then Dec PDUFA approval would put us over $20 and at that point we would be a huge buyout target in the $30's. But if none of that happens, we'll stay pretty close to where we are now and be completely dependent on the success of Vascepa script growth for current indication. Considering the low downside risk compared to the huge upside potential, I believe AMRN is an amazing buy at this 6.64 pps, and because of the huge disparity between downside and upside, I would expect to see a runup into adcom to at least the $8 level minimum (prior to adcom decision). So based on my opinion listed here, price targets mean nothing right now except that AMRN has analyst coverage and most all are predicting positive results. All imo, do your own dd. GLTU
Sentiment: Strong Buy
They are usually 1 year targets and in AMRN's case take a weighted average valuation based on the probability of several business case outcomes. Each business case comes with it's own discounted cash flow assumptions for revenue, expenses, etc.
E.g., worth $8 if go it alone, $22 in partnership, or $33 for buy out, multiplied by the probability of each outcome. Even the analysts out with mid teen targets - if you read the text of their reports - show acquisition targets of $26-33 or so if that business case is presented/chosen.
@onehandsome_mexican -- One last thing. I find it funny that you'll put a "Buy" as your sentiment for a stock, but then you won't explain something as simple as "Target Price" to a potential buyer. Can you explain this?
It's funny how pretentious you message board douche bags are. Message boards are a place for learning and interaction. You don't just respond to everyone's post with "go learn it yourself" .. I'm asking for friendly advice about how this sort of thing works. --- It always baffled me how wannabe investors hate to share ANYTHING, when true investors know that more people on board help the stock. -- Stop being greedy, I'm only asking about the meaning of target price. Nothing more, nothing less. -- So once again, are target prices always a 1 year thing? Or are they long term 5, 10, 15 year numbers?