Vista Partners Initiates Coverage on Digital Cinema Destinations Corporation;
Price Target $9.00
SAN FRANCISCO, CA -- (Marketwired) -- 04/25/13 -- Vista Partners
announced today that it has initiated coverage on Digital Cinema
Destinations Corporation (NASDAQ: DCIN) ("DCIN"), with a twelve-month
price target of $9.00. Ross Silver, Principal Analyst at Vista
Partners, stated, "DCIN is dedicated to identifying, acquiring, and
managing solid performing movie theaters via accretive transactions
and operates them under the brand name, Digiplex Destinations. DCIN
was formed in 2010 to take advantage of the digital disruption taking
place within the industry as well as the growing consumer demand for
alternative content and its ability to positively leverage fixed
theater assets." Mr. Silver continued, "Management's strategy for
DCIN is to continue to acquire cash flow positive theaters within the
nation's top 100 markets and boost those theaters' margins through
both synergistic operational improvements as well as an increased use
of alternative content. In the coming years, management has a goal of
ultimately expanding to a total of 100 theaters and 1,000 screens in
To download a FREE copy of the Digital Cinema Destinations
Corporation research report, please visit http://www.vistapglobal.com
and click the "download research" icon to gain access to the report.
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.
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