$EMOR May 17, 2021 (GLOBE NEWSWIRE) -- Healixa, In
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The initiation report provides an overview of recent events, new initiatives, as well as a recent acquisition in the space which favorably impacts the company valuation relative to its peer group. The sponsored research also carries a rating and a price target and can be accessed at https://emerginggrowth.com/marble-arch-resear...pink-emor/
In the update report released today, Marble Arch Research notes that, “Using a comps-based valuation approach, we believe EMOR should be trading at $2.8-$3.3 per share vs the prevailing $1.20. Acknowledging that Healixa is in the very early stages of commercializing its virtual care ecosystem, we place a Speculative Buy recommendation on the stock, but put it on watch to a possible upgrade to a firm BUY as we monitor the company’s early operational progress, moves towards a main board uplisting...”