Uncategorised
6 companies under coverage.
Uncategorised
Snap Inc. (SNAP)
The bull case — 'Bull (AR/AI Monetization)' (10% weight) — targets $14, +215% vs spot. It needs Gross Margin to surprise to the upside.
AngloGold Ashanti (AU)
The bull case — 'Fiat Crisis' (10% weight) — targets $160, +98% vs spot. It needs the multiple to hold or expand.
Zscaler Inc. (ZS)
The bull case — 'Bull — Platform Winner' (10% weight) — targets $260, +84% vs spot. It needs the multiple to hold or expand.
Naspers Ltd (NPN)
The bull case — 'Double Rerate' (10% weight) — targets $1,400, +52% vs spot. It needs the multiple to hold or expand.
Cerebras Systems Inc. (CBRS)
Cerebras Systems Inc. (CBRS) — quantitative single-name research from MCH Advisory.
SPDR Gold Shares ETF (GLD)
GLD is the largest physically-backed gold ETF, providing direct exposure to the spot price of gold bullion. At $400.64, GLD has substantially exceeded our prior target of $310, which is now under review. Despite the…