Independent stock research firm, Litchfield Hills Research LLC, released its first analysis report on UC Asset LP (OTCQX: UCASU), rating UCASU as “Buy” under its three-tiered (buy-hold-sell) rating system, with unit target price at $5.50 per share.
As of the end of last trading day, UCASU’s shares were closed at $2.10 per share.
“We are pleased that Litchfield Hills Research has initiated research into our company, and that the firm has shown a strong interest in continuously covering our company,” said Larry Wu, founder of UC Asset.
Litchfield Hills Research adheres to FINRA standards for quality and objectivity. The company’s reports are approved by a series 16 licensed supervisory analyst prior to publication. Their price target, financial models, peer comparison and investment thesis are developed without input from management of the company, and they run their own due diligence.
“I believe we will attract more attention and be covered by other third-party stock analysts, because UC Asset is traded on OTCQX. That puts our company among global giants like Adidas (OTC: ADDYY), Heineken (OTC: HEINY), and Air Canada (OTC: ACDVF) are also quoted. We are also the only MLP (Master Limited Partnership) on OTCQX engaging real estate investment. Being an MLP allows UC asset to pursuing a Warren Buffett style strategy, focusing on long-term value-appreciation assets like Berkshire Hathaway (NYSE: BRK.A),” says Wu.
The research report is accessible to the public on the research firms’ web site: http://www.hillsresearch.com/wp-content/uploads/2020/03/UCASU-Initiation-A.pdf.
About UC Asset LP
UC Asset LP is a limited partnership formed for the purpose of investing in real estate for development and redevelopment, concentrating in metropolitan areas of Atlanta, GA and Dallas, TX. For more information about UC Asset, please visit: www.ucasset.com.
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this News Release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.
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