mCloud Technologies Corp (MCLD)

[WallStPirate]

Great news!!! Paradigm Capital initiates new coverage with a buy and .75 target.

First I want to thank Kerry who sent me this info this am.

Link is at bottom.

Paradigm Capital analyst Kevin Krishnaratne initiated coverage of Universal mCloud Corp. (MCLD-X) with a “buy” rating and 75-cent target.
Mr. Krishnaratne said: “Universal mCloud is a uniquely positioned SaaS company in the Internet of Things (IoT) sector, leveraging patented technology related to the management and optimization of energy assets, such as HVAC units and wind turbines. We think mCloud is well aligned with global energy management trends that are driving businesses to adopt technologies to lower electricity costs, extend the life of energy equipment, maximize energy production, and increase the intelligence of legacy energy systems. mCloud’s competitive data and analytics edge, coupled with management’s energy industry experience, should help it add new clients to an already impressive base, while we see pricing power and new asset connections leading to outsized revenue growth versus other SaaS peers.”


https://www.theglobeandmail.com/investing/markets/inside-the-market/article-fridays-analyst-upgrades-and-downgrades-75/