- 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…
More from NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com