Beacon Equity Research highlights Deer Valley Corporation (DVLY.OB) with a research update and reiteration of the Company’s “Speculative Buy” rating and $3.05 target price.
The full report is available at http://www.BeaconEquityResearch.com
In the report, the analyst writes, “With the addition of new product lines and increased access to capital, Deer Valley Corporation is well-positioned to capitalize on growing demand for manufactured housing in its Gulf Coast markets.
The Company has established extensive distribution channels to drive future product sales. In addition to home sales under its own labels through locally-based channels or direct to developers, Deer Valley also intends to pursue contracts to fabricate a series of private label modular homes that will be sold through specialized regional and national sales channels.
Beacon expects Deer Valley to produce revenue growth exceeding 20% annually over the next five years and reiterate our Speculative Buy rating for these shares and $3.05 price target.”
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