anquest
Active Member
"The report also initiates coverage of Rightside with a buy rating and a $15 price target. The stock currently trades for about $10."
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http://domainnamewire.com/2014/10/02/analyst-new-tlds-to-hit-500-million-in-3-years/ excerpts:
Analyst: new TLDs to hit $500 million in 3 years
BY Andrew Allemann - Oct 02, 2014 Uncategorized 13 Comments
Report forecasts strong opportunity for new top level domain applicants.
B. Riley & Co analyst Sameet Sinha issued a report today estimating that new TLDs should go "from Zero to $500MM in Three Years". The report also initiates coverage of Rightside with a buy rating and a $15 price target. The stock currently trades for about $10.
I reviewed the lengthy report and spoke with Sinha this afternoon. In general, I think it’s a good overview of the domain name industry and state of new top level domain names. Of course, the big question is if the assumptions underlying his projections are correct.
Here’s a chart that summarizes the projections [...]
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[ See More: http://domainnamewire.com/2014/10/02/analyst-new-tlds-to-hit-500-million-in-3-years/ ]
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http://domainnamewire.com/2014/10/02/analyst-new-tlds-to-hit-500-million-in-3-years/ excerpts:
Analyst: new TLDs to hit $500 million in 3 years
BY Andrew Allemann - Oct 02, 2014 Uncategorized 13 Comments
Report forecasts strong opportunity for new top level domain applicants.
B. Riley & Co analyst Sameet Sinha issued a report today estimating that new TLDs should go "from Zero to $500MM in Three Years". The report also initiates coverage of Rightside with a buy rating and a $15 price target. The stock currently trades for about $10.
I reviewed the lengthy report and spoke with Sinha this afternoon. In general, I think it’s a good overview of the domain name industry and state of new top level domain names. Of course, the big question is if the assumptions underlying his projections are correct.
Here’s a chart that summarizes the projections [...]
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[ See More: http://domainnamewire.com/2014/10/02/analyst-new-tlds-to-hit-500-million-in-3-years/ ]