Vista Partners Updates Coverage on Dreams Inc.; Raises Target Price to $3.74
LOS ANGELES, Sept. 8 /PRNewswire/ -- Vista Partners announced today that it has updated coverage on Dreams Inc. (Amex: DRJ) and raised its twelve month target price to $3.74. Ross Silver, Principal Analyst at Vista Partners stated, "The Company's e-commerce division continues to grow despite a sluggish although improving economy. We believe there could be some significant client wins along the likes of JCPenney and Wal-Mart within the syndication business which could further enhance the Company's growing revenue streams. The Company has grown its e-commerce revenues from $4 million in 2004 to nearly $60 million in 2009 and could deliver 30% growth in 2010." To download a FREE copy of the Dreams Inc. research report, please visit www.vistap.com/research/, complete the form and the reader will be directed to our research portal.
About Vista Partners:
With offices in California and Oregon, Vista Partners LLC is one of the fastest growing research and consulting firms in the United States. Vista Partners professional staff has backgrounds in finance, corporate communications and investment banking. Vista Partners has built a name for itself in the small cap space due to its selection of profitable investment recommendations.
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877.215.4813 or [email protected] |
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SOURCE Vista Partners
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