SOURCE: Vista Partners LLC

Vista Partners LLC

September 13, 2016 09:05 ET

Vista Partners Updates Coverage on Cachet Financial Solutions, Inc. (OTCQB: CAFN); Price Target to $21.50

SAN FRANCISCO, CA--(Marketwired - Sep 13, 2016) - Vista Partners announced today that it has updated coverage on Cachet Financial Solutions, Inc. (OTCQB: CAFN) ("The Company" or "Cachet") with a twelve-month price target of $21.50. John Heerdink, Managing Director at Vista Partners, stated, "Cachet enjoys a highly scalable financial technology ('fintech') SaaS business model with expanding product offerings, recurring revenue streams, extensive cross-sell & upsell opportunities within an existing diverse client base of financial organizations." Mr. Heerdink concludes, "Cachet's 2016 revenue guidance reflects an organic revenue growth rate of 84% to 132% year-over-year and after reporting Q2 2016 in August management believes they are on track as they realized 100% YOY revenue growth vs. Q2 2015."

To download a FREE copy of the Cachet Financial Solutions, Inc. (OTCQB: CAFN) research report, please visit http://www.vistapglobal.com and click the "download research" icon to gain access to the report. 

About Vista Partners:

Vista Partners LLC, founded in 2005, is a Registered Investment Advisor in the State of California. The firm's professional staff has backgrounds in finance, corporate communications and investment banking.

Vista focuses on investing globally across all market sectors while providing considerations on publicly traded companies through a platform of stock research reports, newsletters, company specific webpages and daily commentary. This platform is designed to serve as a tool for investors to discover insights and information that aid in more profitable investment decisions with the goal to outperform small, mid and large cap equity indexes.

It is Vista's belief that in rational markets deep fundamental value will be recognized and in periods of uncertainty, equities, without robust analyst coverage and following, will be valued inefficiently and can lead to positive returns by taking advantage of these inefficiencies. We further believe in identifying the right management teams, in the right business, at the right time and then seeking to create value by bringing forth strategic and advisory initiatives when possible. We further seek to build equity positions over time as businesses develop, management teams continue to meet or succeed against their published milestones and projections, and prices fluctuate periodically and ultimately and opportunistically seek to capture positive returns.

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