Society Pass price target raised to $22 from $18 at Ascendiant

Ascendiant analyst Edward Woo raised the firm’s price target again on Society Pass (SOPA) to $22 from $18 and keeps a Buy rating on the shares. The firm cites additional information about the company’s holdings and investment in NusaTrip for the higher price target The stock is “very undervalued and should be significantly higher” on NusaTrip’s initial public offering, the analyst tells investors in a research note.