Vista Partners Updates Coverage on Algae.Tec Limited; Target Price USD $10.80
Investment Services & Trading, Picture Gallery Tuesday, December 11th, 2012
SAN FRANCISCO, CA — (Marketwire) — 12/10/12 — announced today that it has updated coverage on (OTCQX: ALGXY) (ASX: AEB) ("The Company" or "AEB") with a twelve month target price of USD $10.80. Ross Silver, Principal Analyst at Vista Partners, stated, "Algae.Tec and Lufthansa have signed a Collaboration Agreement for the construction of a large-scale algae to aviation biofuels production facility. In addition, the Company has numerous memorandums of understanding (M
