Mogo is a triple, says Mackie Research

Aug 19 21:08 2019 Print This Article

Mackie Research analyst Nikhil Thadani is admitting that his previous target price for fintech name Mogo (Mogo Stock Quote, Chart, News TSX:MOGO) was too bullish, and as a result, he’s pulling back now reaffirming his “Speculative Buy” recommendation with the new target of $10.00 (was $12.00), which represented a projected 12-month return of 205 per […]

The post Mogo is a triple, says Mackie Research appeared first on Cantech Letter.

Read More

About Article Author

Cantech Letter

Founded in 2008 by Nick Waddell, Cantech Letter is an online magazine focusing on Canadian technology. The site has grown into one of the most popular and respected financial sites in Canada, and was described by Canadian Business Magazine as “one of Canada’s premier technology newsletters”. Waddell, who is Senior Editor, is routinely called on by the mainstream media for perspective on Canadian technology, and has been featured on BNN, CTV News Channel, and the CBC program “The Lang and O’Leary Exchange” in addition to mainstream print media such as The Guardian, The International Business Times, The Globe and Mail, Macleans, The Waterloo Record , Canadian Business, Slate, and Business Insider. You can email Nick at nick@cantechletter.com Cantech Letter is focused on those companies listed on the TSX and TSXV Technology, Cleantech and Life Sciences Sectors. Each year we present the Cantech Letter Awards, which honor Canada’s Top Technology Stock and Top Technology Stock Executive.

Related Items

The Business Leadership Podcast: Robert Levy, founder Brandspark International

The advancement of today’s technology has been transformational for consumers. Unfiltered product reviews have changed the way people buy products online. By leveraging on consumer insights and market research, businesses can become more consumer-focused and make better decisions. In today’s epi ...

Morning News: September 17, 2019

Saudis Face Lengthy Oil Halt With Few Options to Fill Gap Saudi Aramco Pursues IPO Planning Despite Attack Damage Doubts WeWork Postpones Long-Awaited Listing as Valuations Plummet Apple Says $14 Billion EU Tax Order ‘Defies Reality and Common Sense’ G.M. Workers Say They Sacrificed, and Now Th ...

Microsoft’s Exchange Server 2010 has its end of support pushed back by nine months

Microsoft Corp. is pushing back its January 14, 2020 end of support date for Exchange Server 2010 by nine months. In a blog post published this morning, Greg Taylor, Microsoft’s director of product marketing for Exchange, noted the date was changed after “investigating and analyzing the deploym ...

Mediagrif is headed in the right direction, says Echelon

E-commerce solutions company Mediagrif Interactive Technologies (Mediagrif Interactive Technologies Stock Quote, Chart, News TSX:MDF) has a new strategic plan and it’s getting the thumbs up from analyst Amr Ezzat of Echelon Wealth Partners, who says that the company’s focus on the higher-growth ...

Has BlackBerry become a stock to avoid?

Has BlackBerry become a stock to avoid? Those of us waiting for the big BlackBerry (BlackBerry Stock Quote, Chart, News TSX:BB) comeback may have to bide their time a little longer, as it’s still unclear where the newly-formed software company’s growth will come from. That’s the conclusion fr ...

Kinaxis’s Honda deal gets thumbs up at Laurentian

Laurentian Bank Securities analyst Nick Agostino is staying bullish on supply chain management company Kinaxis (Kinaxis Stock Quote, Chart, News TSX:KXS) after news broke that Honda had selected Kinaxis to manage its automotive supply chain. In an update to clients on Friday, Agostino reiterated hi ...

Nearly 80% of Canadians are worried AI is advancing too quickly, and they expect banks to have the answers

A new report highlights a growing fear among Canadians that’s tied to the rapid advancement of artificial intelligence. An online study conducted by Environics Research Group revealed that 77 per cent of Canadians are concerned that AI is advancing too quickly to properly understand its potential ...

Most Canadians are worried AI is advancing too quickly, and they expect banks to have the answers, says study

A new report highlights a growing fear among Canadians that’s tied to the rapid advancement of artificial intelligence. An online study conducted by Environics Research Group revealed that 77 per cent of Canadians are concerned that AI is advancing too quickly to properly understand its potential ...

Three Canadian Blockchain stocks that are hanging in there

Canadian blockchain stocks have been decided losers in 2019. It’s been a while since the hype died down on blockchain but it really wasn’t that long ago when the distributed ledger tech was the talk of the town and investment banks were falling over each other to back almost anything with crypt ...

Hashtag Trending – Canada’s top startups, messaging app usage explodes, Amazon hotline

LinkedIn lists Canada’s top startups, downloads for a specific messaging app explodes, and former Amazon employees create a hotline to report unsafe working conditions. ...

Microsoft lends OneEleven scaleup community a helping hand

Microsoft for Startups initiative has a new addition: the Canadian-born OneEleven scaleup community. ...

Lightspeed POS stock is now overpriced, this portfolio manager says

Lightspeed POS (Lightspeed POS Stock Quote, Chart, News TSX:LSPD) has so far rewarded investors who were smart enough to get in early on the recently-listed company, with the stock tripling in value since its debut in March. But while there’s likely more upside to the name, that may take a few mo ...