SOURCE: Vista Partners LLC

Vista Partners LLC

October 01, 2014 09:00 ET

Vista Partners Updates Coverage on Accelerize New Media, Inc. (Ticker: ACLZ); Raises Price Target to $3.50

SAN FRANCISCO, CA--(Marketwired - Oct 1, 2014) - Vista Partners announced today that it has updated coverage on Accelerize New Media, Inc. (OTCQB: ACLZ) ("The Company," or "ACLZ"), a Newport, CA based, software solutions provider for businesses interested in managing and expanding their digital advertising and raised its twelve-month price target from $2.50 to $3.50. Ross Silver, Principal Analyst at Vista Partners, stated, "ACLZ's closest comparison Conversant, Inc. announced the execution of a definitive agreement last month whereby Alliance Data will purchase Conversant for approximately $2.3 billion." Mr. Silver continues, "ACLZ's CAKE platform can be considered advertising technology or "adtech". Companies offering somewhat comparable services are being utilized by firms such as Facebook, which signed deals with Datalogix, Acxiom, BlueKai, and Epsilon last year. The industry has seen a number of buyouts of start-ups & smaller firms by larger companies."

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About Vista Partners:
Vista Partners LLC, founded in 2005, is a Registered Investment Advisor in the States of California and Oregon. The firm's professional staff has backgrounds in finance, corporate communications and investment banking. Vista focuses on investing globally across all market sectors. Vista also provides investment considerations on publicly traded companies through a platform of stock research reports, newsletters, company specific webpages and daily commentary. The platform of products is meant to serve as potential tools for investors to learn about investment considerations. It is Vista's mission to provide investors with tools that may enable them to make profitable investment decisions with the goal to deliver investment considerations that outperform small, mid and large cap equity indexes. 

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