AERL nudging higher on bullish Sterne Agee comments and 9.50 price target
Asia Entertainment has upcoming catalysts, depressed valuation, says Sterne
Agee - Sterne Agee believes that Asia Entertainment's rolling chip turnover
continues to improve, while its revenue trends are also rebounding. The firm
keeps a $9.50 price target and Buy rating on the shares.
Solid DD combined with timeliness and conviction is a recipe for profits.