What intrinsic value means
Intrinsic value is the modeled value implied by the assumptions. It is not a guarantee, and it should be read with the sensitivity grid, risk section, and peer context.
How target price connects to DCF
The target price can use the DCF as an anchor while also considering comparable valuation, business risk, and data freshness. The public notes keep those inputs visible.
Why upside/downside needs context
Upside or downside is simply the gap between target price and current market price. The important question is whether the assumptions behind that gap are reasonable and current.