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Vista Partners Updates Coverage on Javo Beverage Company Inc. With $0.72 Target Price

Tue. September 01, 2009; Posted: 09:00 AM
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LOS ANGELES, Sept 01, 2009 /PRNewswire via COMTEX/ -- JAVO | Quote | Chart | News | PowerRating -- Vista Partners announced today that it has updated coverage on Javo Beverage Company Inc. (OTC Bulletin Board: JAVO | Quote | Chart | News | PowerRating) with a twelve month target price of $0.72. Ross Silver, Principal Analyst at Vista Partners stated, "The Company's total base of beverage dispensers at the end of the second quarter was 11,605, an increase of 2,779 from the same period in 2008. These 11,605 dispensers will produce a yearly run rate of approximately $35 million. We believe Javo will experience continued high growth based on the fact that the Company has penetrated only 10% - 15% of its current client base. In addition, Javo is well positioned to maintain its growth in the face of the economic slowdown because of the increased demand by consumers for low cost alternatives to expensive coffee house products. We believe that Javo's high growth and defensive characteristics make the Company an attractive investment opportunity at current levels." To download a FREE copy of the report, please visit the Vista Partners website at 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 Bend, 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 www.vistap.com.

    Contact:
    Vista Partners
    Emily Gilbert
    (310) 744-5268
    info@vistap.com
    www.vistap.com

SOURCE Vista Partners

http://www.vistap.com
For full details for JAVO click here.

    


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