Scott, your link looks outdated but in any event, See-Through Equity has been right-on about FTE so far. They initiated coverage on 11/3/16 when FTE was trading at $.44 and heading lower on year-end tax loss selling, and put out what looked at the time like an absurdly high PT, $1.20. Here we are about 4 months later and the stock has damn near hit that level.
Not sure whether the stock price will get to $2.75 anytime soon but these See-Through guys seem to know a thing or 2 about this stock's potential given their track record over these last 4 months.
The timing of this update was quite bizarre since the company should be issuing new quarterly #'s any day now, and must do so by a week from Friday unless the company gets a 2-week extension. So we will all know a lot more about this company in the near future than we know right now. I wonder whether the reason See-Through rushed this update up now vs. waiting for 4Q numbers is that they think the stock might go idiotic on the 4Q PR (maybe because it will also contain guidance for 1Q '17 and/or other future quarters?), and they want to look like superstars by upping their PT right before the big run-up in the stock price.