PURA BUY Recommendation at $0.03 Issued By AmericanBulls
February 07 2020 - 10:33AM
InvestorsHub NewsWire
PURA BUY Recommendation at $0.03
Issued By AmericanBulls
February 7, 2020 -- InvestorsHub NewsWire
-- via NextBigTicker
AmericanBulls (americanbulls.com/PURA) today issued a BUY
recommendation for Puration, Inc. (USOTC:PURA)
at $0.03. PURA looks well staged to see one of its historic
periodic PPS surges triggered by news in the coming trading
days. PURA hit $0.09 last September after trading in the
$0.04 range days prior. Last March, PURA hit $0.15 after
trading in the $0.06 range days
prior.
PURA has reported that it anticipates
reporting $4 million in sales for 2019 and it has set an $8 million
sales target for 2020 prior to a recently announced acquisition
campaign to be fueled by a pending $5 million investment expected
to close next week. The company has reported that it expects
to close a $5 million investment as early as Monday, February 10,
2020 to fund an acquisition campaign. The acquisition
campaign is targeting cannabis infused beverages, edibles and
topicals. The company has also reported that it expects to
make its first formal acquisition offer promptly following the
closing of the $5 million
investment.
Analyst Speculative Buy and $0.35 PPS
Target
PURA on
Wednesday this earlier this week announced a next iteration of an
ongoing CBD consumer survey conducted by Goldman Research on behalf
of PURA to gauge and refine the company’s ongoing approach to the
CBD consumer market.
The Goldman CBD consumer survey included a PURA
speculative BUY recommendation and at $0.35 target PPS. PURA
closed yesterday at $0.29. Realizing the target PPS could
deliver a 1000%
ROI. |
The full CBD
consumer survey update can be viewed
at GOLDMAN CBD
SURVEY.
AmericanBulls has also recently
issued buy recommendations for 22nd Century Group, Inc.
(XXII),
Anavex Life Sciences (AVXL)
and Aurora Cannabis (ACB)
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Disclaimer/Safe Harbor:
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