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Friday January 7, 12:37 pm Eastern Time
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SOURCE: EBI Securities Corporation
EBI Securities Corporation Increases 12-Month Price Target On Webb Interactive Services, Inc.
DENVER, Jan. 7 /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 increased its 12-month price target on Webb Interactive Services, Inc. (Nasdaq: WEBB - news) from $40 per share to $75 per share.
Webb Interactive Services (http://www.webb.net) is building a business and technology infrastructure to enhance buyer-seller interaction in the local commerce market. WEBB is leveraging its community building expertise with the emerging standards of XML to create commercial communities that empower its distribution partners in the local directory services, community banking and enterprise communications market sectors. WEBB clients include Switchboard, Inc., CBS, RE/MAX International, Inc. and CU Cooperative Systems, Inc. (a network of more than 650 credit unions).
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 Securities Corporation is a wholly owned subsidiary of Eastbrokers International Incorporated (Nasdaq: EAST - news). 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
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WEBB Interactive Services Inc (NasdaqSC:WEBB - news)
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