Sets Price Target of $1.02 Predicated on Revenue Forecasts for 2017 and 2018
FREMONT, Calif., Aug. 29, 2017 (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE AMERICAN:DPW) (“Digital Power” or the “Company”), a company seeking to increase revenues through acquisitions and organic growth, announced today that Zacks Investment Research updated its analysis of Digital Power Corporation on Monday, August 28, 2018 post issuance of the Company’s financial results and 10Q for the quarter ending June 30, 2017. Zacks also incorporated in its research the Company’s Revenue Guidance issued through a press release dated August 25, 2017. Zacks analysis sets a price target of $1.02 based on substantial investment by the Company in three announced acquisitions, in its operational infrastructure and in conjunction with its corporate realignment which includes the recent establishment of Coolisys Technologies, Inc.
Zacks believes the Company could be worth $1.02 in the next 12 months based on the expe..