Street Watchdog Research Sets $4 Price Target on EROS International (EROS); Sees 56% Downside
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Price: $2.56 --0%
Rating Summary:
5 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
5 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Street Watchdog Research set a downside $4 price target on EROS International PLC (NYSE: EROS) in research just released. This compares to the current price of $9, suggesting 56% downside.
The firm sees irrefutable proof of the company's financial misconduct. According to the research, "The company’s profit for the 4 quarters of FY 2015 do not match the annual results reported to the financial community nor to the SEC"
The firm said they are short EROS.
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