This research has been prepared by Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. Some companies Merriman Capital, Inc. follows are emerging growth companies whose securities typically involve a higher degree of risk and more volatility than the securities of more established companies.
The securities discussed in Merriman Capital, Inc.'s research reports may be unsuitable for some investors depending on their specific investment objectives, financial status, risk profile, or particular needs. Investors should consider this report as only a single factor in making their investment decisions and should not rely solely on this report in evaluating whether or not to buy or sell the securities of the subject company.
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All of the views expressed in this research report accurately reflect the research analyst's personal views about any and all of the subject securities or issuers. No part of the research analyst's compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by the research analyst in the subject company of this research report. Research analysts are not directly compensated for specific revenue generated by the firm's investment banking transactions/activities.
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Key to investment Rankings (expected total share price return inclusive of dividend reinvestment, if applicable)
- Buy: Merriman Capital, Inc. expects the stock price to appreciate 10% or more over the next 12 months. Initiate or increase position.
- Neutral: Merriman Capital, Inc. believes the stock price is fairly valued at current levels. Maintain position or take no action.
- Sell: Merriman Capital, Inc. expects the stock price to depreciate over the next 12 months. Sell or decrease position.
This press release is for information purposes only and should not be regarded as an offer to sell or solicitation to buy the securities or other instruments of the company mentioned.