SM1 News: News Flash: Analysts Just Made A Sizeable Upgrade To Their Synlait Milk Limited (NZSE:SML) Forecasts - 6th Apr 2022, 12:50pm

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Synlait Milk Limited (NZSE:SML) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. The revenue forecast for this year has experienced a facelift, with analysts now much more optimistic on its sales pipeline. The market seems to be pricing in some improvement in the business too, with the stock up 8.4% over the past week, closing at NZ$3.48. Whether the upgrade is enough to drive the stock price higher is yet to be seen, however...

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