Elite Pharmaceuticals Inc (ELTP): The $4 price target has been up on yahoo...

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Elite Pharmaceuticals Inc (ELTP)

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Re: senderos post# 10097

Monday, 11/21/2011 11:27:17 AM

Monday, November 21, 2011 11:27:17 AM

The $4 price target has been up on yahoo for awhile but it's a single analyst estimate without much inforamtion surrounding it.

The only way I see Elite hitting $4 in a year is to have all products in the immediate pipeline launch and hit the shelves. Then, on top of that, bring in aroud $200 million in revenue. Slim chance but I guess anything can happen.

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