I guess someone at MS was at the same uni lecture as me (or maybe at another place) and thought "Why Not??? Let's upgrade the price target to the moon today!!!"
I'm only posting extracts for now and not the whole report. Seems I could only pull the report when I searched for "Netwealth" in the research portal. For some reason searching "hub 24" didn't work (hmmmm).
I agree with the bear case, but what really counts is that "follow the money" and "buy high quality businesses" is more important than that lowball price target...
[still not held unfortunately but holding here just for fun]
Sums it up really
Now I know where the money is going and why HUB, NWL and other fintechs are so popular
Above is from a lecture slide which I attended last week
Media is a close 2nd with Health
Enough for me to harbour no doubts when buying overpriced stocks such as HUB.
[not held unfortunately but I think it will change soon]