PURA Receives BUY Recommendation Triggering Potential Run From $0.07 To $0.25 Analyst Target PPS
June 10, 2019 -- InvestorsHub NewsWire -- via www.nextbigticker.com -- Puration, Inc. (USOTC: PURA) is received a BUY recommendation today from AmericanBulls (AmericanBulls.com/PURA) after closing just below $0.07. Last week on Thursday, June 6th, 2019, PURA was rated a Speculative BUY with a $0.25 PPS Target in a Goldman Small Cap Research Report. The Goldman Report went on to add that the PURA PPS could reach as high as $0.35.
“Our system’s recommendation today is to BUY. The BULLISH ONE WHITE SOLDIER pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.0630, and our valid average buying price stands now at 0.0636 … Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.”
PURA also recently announced a new East Coast Distributor for its EVERx CBD Sports Water:
“PURA currently has over $1 million in annualized revenue primarily from the sales of its EVERx CBD Sports Water. Sales of EVERx today come primarily from the South and South West United States. PURA has announced a 2019 $4 million revenue target. The distribution agreement announced today is PURA’s first major distribution agreement for the East Coast and it is anticipated to have EVERx on shelves from Florida to Maine.”
PURA’s 52-week high is $0.25. PURA is a leading cannabis infused beverage company and the CBD beverage sector is heating up. For instance, Kona Gold Solutions (USOTC: KGKG) has seen a recent run up form under $0.07 to $0.14. Now looks to be a good time to get into the CBD sector as other CBD stocks like PURA and KGKG heat up. CBD online retailer Potnetwork Holdings (USOTC: POTN) and HempAmericana, Inc. (USOTC: HMPQ) are also both in the news today.
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