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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOPA: