AVCT 1450% Upside Analyst Rating

I 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!