EBI Securities Corporation Reiterates STRONG BUY on The Vari-L Company
DENVER, Nov. 12 /PRNewswire/ -- The following is being issued by EBI Securities Corp., a member of the National Association of Securities Dealers, CRD Number 16184:
EBI Securities Corporation issued a new report today on The Vari-L Company (Nasdaq: VARL - news), with a STRONG BUY rating and a twelve month price target of $20.00 per share.
In the update, EBI notes that in many ways, Vari-L couldn't be in a better position to capitalize on the explosive growth in the wireless industry. An important consideration is that Vari-L is targeting several different markets within the wireless industry that are relatively independent of each other, and all of which are experiencing strong growth. With the current growth in the wireless industry and the fact that Vari-L is now in a position to capitalize on that growth, it is only a matter of time before they begin to attract significantly more attention in the investment community.
Information and statements contained herein, other than historical information, should be considered forward looking, which involve risk and uncertainties. EBI Securities Corp., its officers, directors and affiliates may maintain positions in the securities referenced, which may change at any time without notice. EBI is a market maker in the common stock of VARL. The securities referenced are speculative in nature and may not be suitable for your investment objective. Additional information is available upon request.
SOURCE: EBI Securities Corporation |
