Saw the new Close Brothers estimates and price target-
mostly caught by this-
“Despite the recent sharp share price increase we remain BUYERS”
I think it's also important to know that Close Brs. is valuing Alphaform from a European model. US investors look at valuation entirely differently (especially where 3D printing stocks are concerned).
We've seen this with Groupe Gorge- an article in the French press on January 8 actually told shareholders to "Sell Groupe Gorge" because it was overvalued. So the poor Frenchmen sold at 16-17 euros. Americans bought their shares that day. The stock hit 26.75 euros within 2 weeks and despite recent weakness in most 3D printing stocks, it closed at 20 euros Friday.
Also- I don't ever follow analysts or the overall market where 3D printing stocks are concerned. Both are too far behind the future curve for me. I don't mean to sound like an ass- I just evaluate these stocks from a completely different angle than most analysts and the market does, and that's served me very well in 3D printing stocks since early 2012.