Craig-Hallum analyst Eric Stine believes LiqTech "substantial" market opportunity continues to strengthen, highlighting the company's "strong" outlook for the first half of 2019. With IMO 2020 fast approaching, 2019 looks to be an inflection point with Q1 guided to be a record quarter and above the Street with profitability to be reached and another record quarter in Q2, he contends. Stine thinks that post-release shares are digesting the planned 1-for-4 reverse split and that no specific order book number was provided. He would take advantage of weakness as a "good entry point into a large open-ended growth opportunity." The analyst reiterates a Buy rating on the shares, while raising his price target on the stock to $3 from $2.50.