American Premium Water Corp.’s (HIPH) Initial Price Target Revised Upward

October 23, 2018 10:17:02
  • SeeThruEquity revised its initial price target for American Premium Water on the basis of new company developments and strategic market positioning
  • The launch of LALPINA Hydro CBD and the subsequent distribution of the product will enable the company to enter the rapidly-growing CBD market
  • New research report suggests that CBD market could grow to an astounding $22 billion by 2022

American Premium Water Corp. (OTC: HIPH) announced on October 10, 2018, that independent equity research firm SeeThruEquity has revised its initial price target upward. The revision corrected the original $0.15 target to $0.30, the company said in a press release (http://nnw.fm/N4r0k). According to the SeeThruEquity report, one of the main reasons behind the price target revision is the launch of LALPINA Hydro CBD, a technically superior cannabidiol-infused beverage, which will enable the company to target large consumer opportunities.

The subsequent distribution of the CBD beverage, as well as the strategic American Premium Water deals aimed at expanding the company’s presence on the luxury markets, have also been quoted as reasons for…

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