Vista Partners Updates Coverage on Javo Beverage Company Inc.
November 20 2008 - 7:26PM
PR Newswire (US)
Maintains its $1.32 Target Price LOS ANGELES, Nov. 20 /PRNewswire/
-- Vista Partners announced today that it has updated coverage on
Javo Beverage Company Inc. (OTC:JAVO) (BULLETIN BOARD: JAVO)
maintaining its twelve month target price of $1.32. Ross Silver,
Director of Research at Vista Partners stated, "Javo is on pace to
achieve its projection of 10,000 installed dispensers by year end.
Based on the average yearly revenue per dispenser, the Company
should surpass its operating income breakeven point in 2009. We
believe Javo will experience continued high growth based on the
fact that the Company has penetrated less than 10% of its current
client base. Javo is well positioned to maintain its growth in the
face of the economic slowdown because of the increased demand by
consumer's for low cost alternatives to expensive coffee house
products. We believe that Javo's high growth and defensive
characteristics make it one of the best small cap companies
investors will come across." To download a FREE copy of the report,
please visit the Vista Partners website at http://www.vistap.com/
and click on the download research icon. About Vista Partners:
Vista Partners provides independent, equity research to
institutional and individual investors, with a focus on publicly
traded small capitalization companies. With offices in Los Angeles
and San Francisco, Vista Partners is one of the fastest growing
independently owned equity research firms. Vista Partners
professional staff has backgrounds in finance, corporate
communications and investment banking. More information is
available at http://www.vistap.com/. Contact: Vista Partners LLC
Jorden Lampos 310-744-5268 DATASOURCE: Vista Partners CONTACT:
Jorden Lampos of Vista Partners LLC, +1-310-744-5268, Web site:
http://www.vistap.com/
Copyright