He mentioned over at the Yahoo board that he likes the price he put in because:
1) It is conservative
2) The limited capacity earlier meant they likely made harder stuff, which sold for more. Now they will be making easier stuff, which sells for less. So even though the p"price" is going up for pro-biotics, the mix may mean that their average price may be about the same.
Makes sense to me. I think his price target is a bit high but I don't think $40 is out of the question this year.
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