SFCC update
SFBC International(NASDAQ:SFCC) new CEO held a meeting with street analysts on Feb 2nd. The meeting clearly was productive, stock went up 10% so far after the meeting. A couple analysts upgraded their rating and price target for SFCC stock, Goldman also disclosed on Feb 3rd that they acquired 9.6% of total SFCC shares, making it the biggest shareholder.
I think it is a matter of time before the stock gradually recovers to 30+ range. The biggest risk facing investors is any further loss of customers due to reputation damage. But since there is seldom any sure thing in the world, I believe the return vs. risk profile here is pretty attractive.
1 Comments:
Do you still recommend SFCC with target $30+ after the ER?
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