SOURCE: Vista Partners, LLC

Vista Partners, LLC

July 15, 2015 09:00 ET

Vista Partners Updates Coverage on Sysorex Global Holdings Corp. (NasdaqCM: SYRX); $5.00 Price Target

SAN FRANCISCO, CA--(Marketwired - Jul 15, 2015) - Vista Partners announced today that it has updated coverage on Sysorex Global Holdings Corp. (NASDAQ: SYRX) ("The Company," or "SYRX") with a twelve-month price target of $5.00. Ross Silver, Principal Analyst at Vista Partners, stated, "The Company's four acquisitions since March of 2013, have transformed Sysorex from a $5 million IT services provider in 2012 to a diversified technology company that provides cyber security, data analytics, Big Data, custom application development, cloud solutions, Mobile/BYOD solutions and strategic outsourcing to government and commercial clients in major industries around the world that realized revenues of approximately $63 million in calendar year 2014. Per Gartner, Inc., worldwide IT spending is on pace to total $3.8 trillion in 2015, a 2.4 percent increase from 2014 worldwide. Sysorex has seemingly created a product offering that is unique, disruptive and comprehensive."

To download a FREE copy of the Sysorex Global Holdings Corp. research report, please visit http://www.vistapglobal.com and click the "download research" icon to gain access to the report. The Technology Select Sector SPDR Fund (NYSE: XLK) is up over 2% in 2015 and some of the components in the Technology Select Sector SPDR Fund are Big Data companies.

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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