Target Hospitality: Future Growth Seems Limited
Target(TGT) Seeking Alpha·2024-08-01 05:56greenleaf123/iStock via Getty ImagesInvestment Thesis Target Hospitality (NASDAQ:TH) has had a volatile recent past, with recent news of the Biden administration closing the Dilley detention center and future political uncertainty with regards to the 2024 election. I think the stock has limited upside and is already fairly valued due to the market already pricing in these future revenue losses stemming from the terminated contracts. Growth has become increasingly unlikely from here, and the board of dir ...