Shares of TAH and SGR have both firmed in early trade as several broker notes have upgraded the forward price targets of the shares.
The common theme of the research is the suggestion that investor’s negative sentiment has been overstated and that upcoming growth and profit numbers will support higher multiples.
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Our ALGO engine triggered buy signals on both of these names in early April at $4.22 and $5.11 respectfully.
Internal momentum indicators are improving on both stocks and we see the next area of resistance at $5.20 for TAH, and $5.90 for SGR.
