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gnillish_00

09/03/20 9:03 AM

#4328 RE: howardriggin #4327

Craig Hallum discontinued analyst coverage of Microvision when the analyst left the company earlier this spring. They did not reassign to avoid the appearance of conflict of interest on the analyst side while they have been retained by Microvision for the M&A process.

This also means that people pointing to their old price target of 25 cents are relying on outdated and discontinued guidance. That would be like looking at an old newspaper and being convinced the price of gas is going to 50 cents. There appear to be 2 analysts actively covering MVIS (judging by recent updates to their guidance) and 4 offering general guidance with a consensus HOLD recommendation with a $3.50 price target, at least from the easily found publicly published info. Wish there was more detail there, but you get what you pay for I guess.

https://www.marketbeat.com/stocks/NASDAQ/MVIS/price-target/