Greenhorseshoe.com upgraded Novori’s short term price target to $2.50. In the last quarter, the company beat one of its chief competitor’s growth by 19%, and increased sales 53%.
The website analyzed revenue growth figures for many companies in the Online Diamond and Jewelry retailing industry and found that Novori was growing the fastest.
Greenhorseshoe believes that the stock has substantial upside potential because of its rapid revenue growth, increasing exposure in the investment world, and the strength of its competitive website.
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