Mindpix Corp. (Pink Sheets: MPIX) has been rated Speculative Buy with a price target of $1.10 by Beacon Equity Research Analyst, Victor Sula, Ph.D.
The full report is available at http://www.BeaconEquity.com.
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In the report, the analyst writes, “We think MPIX warrants a premium valuation relative to the peer group due to its superior growth prospects, patent-pending product, the product’s documented effectiveness as a weight loss tool and the Company’s broad distribution capabilities … As a result, we are initiating coverage of MPIX with a Speculative Buy rating and a $1.10 price target. We think the Company has created a strong platform for sales growth through its relationship with Physiotherapy Associates and other partners.”
Other companies in the consumer and sporting goods industry include Callaway Golf Co. (NYSE: ELY), Nautilus Inc. (NYSE: NLS), Cybex International Inc. (Nasdaq: CYBI) and Johnson Outdoors Inc. (Nasdaq: JOUT).
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Mindpix Corp. (MPIX). Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. BER and its affiliates have been compensated a total of seven thousand five hundred dollars from Bismark for enrollment of MPIX in its research program and other services. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
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Jeff Bishop, 469-252-3505
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www.BeaconEquity.com
or
Mindpix
Corp.
David R. Ballif, 801-765-1123
info@mindpix.com
