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Technology Stocks : Digimarc (DMRC)
DMRC 17.89-1.2%11:50 AM EDT

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From: rogermci®5/25/2019 4:47:09 PM
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My my. Target raised to 75 from 42.

Digimarc price target raised to $75 from $42 at Craig-Hallum Craig-Hallum analyst Jeff Van Rhee raised his price target on Digimarc to $75 from $42, noting that he believes the 3-page "Holy Grail" report, detailing a consortium of industry leaders' push for a European centric, industrywide solution to recycling, was presented yesterday at the bi-annual New Plastics Economy workshop. He continues to believe the conclusion of the report will be "highly favorable" toward the use of Digimarc technology. Van Rhee believes momentum is picking up on both the retailer and Consumer Packed Goods makers' sides of the equation and his increased price target reflects some of the incremental conviction he has as a result of additional field work, he tells investors. He keeps a Buy rating on Digimarc shares.

Looks like Digimarc will be watermarking plastic recyclables. Business update Wednesday at 1 pm.

Who cares? No one on SI as most only indulge in the futile exercise of attempting to call the market on a short term basis. Gotta be in the right stocks to make money. That's what it's all about.
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