The pressure is on. I need two ideas. We make a lot of jokes here folks. Or at least I hope they are jokes but I want you to read the above and go look on a chart at the date. THIS WAS THE EXACT BOTTOM> To the day. That is some serious Sensi shit. And if you don't admit that you aint' no stonedinvestor!
You know I think GRAB might be the one. It has a range of PT's from where we are up to $7-8 Grab Holdings Limited (NASDAQ:GRAB - Get Free Report) gapped up prior to trading on Tuesday after Evercore ISI raised their price target on the stock from $7.00 to $8.00. The stock had previously closed at $4.38, but opened at $4.72. Evercore ISI currently has an outperform rating on the stock. Grab shares last traded at $4.72, with a volume of 23,933,684 shares changing hands.
Since 10/23 ON is up 1.25% Sensi. Granny's QQQ is up 3.91%. Come on Stoney... GBA is better than this. A 300% ass-whooping by another index? The children!
Ironic: Sei Investments Co. now owns 5,013,111 shares of the company's stock valued at $15,741,000 after acquiring an additional 2,593,616 shares during the last quarter.
Fascinating! Citi removes High-Risk rating from Grab Holdings stock on strong 3Q, maintains Buy Published 11/12/2024, 08:43 AM
Sniff sniff Sniff I'm a fucking bloodhound. On Tuesday, Citi updated its outlook on Grab Holdings Inc. (NASDAQ: NASDAQ:GRAB), increasing the price target to $5.90 from the previous $5.00, while keeping a Buy rating on the company's shares. The adjustment follows Grab's reported revenue and adjusted EBITDA, which surpassed expectations for the third quarter of 2024. Grab's third-quarter performance showed a 4.7% revenue beat and a 37% adjusted EBITDA beat. Additionally, the firm has revised its full-year revenue and EBITDA guidance upwards by 1.7% and 19%, respectively. Citi's analysis suggests that Grab's investments in diversifying its products and services and capitalizing on cross-selling opportunities are yielding positive results, evidenced by growth reacceleration and improved profitability. The company's growth prospects appear to be strengthening, attributed to factors such as low Monthly Transacting Users (MTU) penetration coupled with increased transaction frequency and spending per user. The successful integration of Chope and the rise in advertising traction are also contributing to a more optimistic growth outlook. The analyst notes that by utilizing AI technology for product development and user targeting, as well as synergies across different segments such as food, Mart, deliveries, and mobilities, there is a stronger conviction in the growth outlook for 2025. Furthermore, Grab's ability to maintain healthy free cash flow and operating efficiency has reinforced confidence in the company's sustainable profitability trend. Following the revised estimates, Citi has raised its Sum of the Parts (SOTP) valuation to $5.90, while also removing the High-Risk Rating due to Grab's consistent financial performance over the past few quarters.
Cramer quoted me again tonight btw. ( ) Regarding my post about AI kicking in sooner than expected with the CRISPR breakthru's. Go figure. I should go all caps and say what a savant I am.