AVCT American Virtual Cloud Technologies upside potentialAmerican Virtual Cloud Technologies, Inc. (AVCT) is one of the most undervalued virtual cloud companies in my opinion.
Loop Capital has a $17 price target for it.
Virtual Cloud services are the essence of the Metaverse, they will see increasing demand.
I see a 3X upside potential on AVCT from here.
Avctstock
AVCT 1450% Upside Analyst RatingI know, it seems ridiculous, but last year Loop Capital Initiated Coverage on American Virtual Cloud Technologies, Inc. (AVCT) with a Buy rating and a $17.00 price target.
Now i am not sure if American Virtual Cloud Technologies, Inc. (AVCT) is such an amazing company to do 14.5X, even though the cloud services will be the essence of the Metaverse, but i think at least a 2X short term is extremely plausible.
Looking forward to read your opinion about it!
Avacta at Key Level Avacta Group - Short Term - We look to Sell at 99.10 (stop at 112.85)
Preferred trade is to sell into rallies. Previous support level of 105.00 broken. 50 1day EMA is at 100.00. Previous support at 105.00 now becomes resistance. Trading close to the psychological 100.00 level. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 105.00, resulting in improved risk/reward.
Our profit targets will be 51.65 and 33.70
Resistance: 105.00 / 130.00 / 150.00
Support: 70.00 / 50.00 / 40.00
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AVCT American Virtual Cloud Price Target !!!AVCtechnologies existing enterprise customers including IBM, AT&T, and Etisalat!
AVCtechnologies delivers a full suite of cloud-based Unified Communications as a Service (UCaaS) capabilities to its cloud customers through its carrier-grade Kandy Business Solutions including Cloud PBX, Smart Office UC Clients, Collaboration, Contact Center, and SIP Trunks.
Loop Capital Initiated Coverage on American Virtual Cloud Technologies, Inc. (AVCT) with a Buy rating and a price target of $17.00 !!!
52 Week Range 0.8400 - 9.6200
The price is now $1.46
Market Cap 99.221Mil
