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Cyber Defense Systems "speculative buy"

NEW YORK, December 13 (newratings.com) - Analysts at Wasserman Morris reiterate their "speculative buy" rating on Cyber Defense Systems Inc (ticker: CYDF). The 12-month target price is set to $1.60.

In a research note published this morning, the analysts mention that the company continues to execute well on its strategic plans. The analysts expect Cyber Defense Systems' operating trends and stock performance to improve in the near future, given the recent acquisition of Techsphere. Wasserman Morris believes, however, that the company would make significant investments going forward, since it is entering a growth phase.

http://www.newratings.com/analyst_news/article_1159512.html