Gorilla Technology Group Inc (NASDAQ: GRRR) has close to doubled in recent weeks after it was shortlisted for a $400 million smart education and digital infrastructure project in Southeast Asia. The said project is part of a multi-phase programme expected to exceed $2.5 billion in spending over the next 15 years.
The consensus price target hints at a 136.8% upside potential for GORILLA TECH GP (GRRR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
ORLANDO, FL / ACCESSWIRE / October 18, 2024 / RedChip Companies will air interviews with Calidi Biotherapeutics, Inc. (NYSE American:CLDI) and Gorilla Technology Group Inc. (Nasdaq:GRRR) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, October 19, at 7 p.m. Eastern Time (ET).