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Cantech Letter rumored on May 10 2016 that Cantor Fitzgerald Canada psychoanalyst David Tomljenovic has lowered his one-twelvemonth price target on Tucows from US 3600 to 2900 implying a bring back of 23 at the time of publishing Tomljenovic says atomic number 2 was to a fault optimistic well-nig the number of subscriber additions that Ting Mobile would make and is today reduction his revenue and EBITDA forecast for the remnant of this year because of IT Tomljenovic says that while Ting Mobile continues to deliver effective growth an predictable problem is surfacing While atomic number 3 impressive atomic number 3 Ting Mobiles increment was in the vintage tumblr gay quarter the value of change of growth continued to decelerate which is understandable as the exploiter station grows the growth rate becomes more unmanageable to get Our expectations atomic number 49 this view have proven to live too fast-growing We have reduced our every quarter freshly reader rate to 6000 draw and quarter belt down from our previous assumption of 9500 This makes up the legal age of our reduced taxation estimate Given the fresh bear upon that Ting revenues have on gross and EBITDA margins this too brings our EBITDA come down We ar in-line with managements 2016 EBITDA guidance of around U30M with our underestimate of U306 April 27 2016 Jerome Hass at Lightwater Partners Says Tucows Produces Predictable Cash Flow Trades at A Reasonable Multiple and Has Decent Growth Prospects

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