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Dutton Associates Announces Investment Opinion: Xaar Plc Rated Buy in Update Report by Dutton Associates

9th Jul 2007 17:45

Dutton Associates updates its coverage of Xaar Plc (LSE:XAR),maintaining its rating of Buy and 12-month price target from $6.15.The 8-page report by Dutton Associates senior analyst Rafael K.Kapelinski is available at www.jmdutton.com as well as from FirstCall, Bloomberg, Zacks, Reuters, and Knobias and other leadingfinancial portals. We continue to believe that Xaar, as the onlypure-play inkjet printhead developer, should increasingly emerge asone of the beneficiaries of the ongoing push towards digital inkjet bylarge imaging OEMs such as Kodak, Fuji and Agfa. £ About Dutton Associates £ Dutton Associates is one of the largest independent investmentresearch firms in the U.S. Its 27 senior analysts are primarily CFAsand have expertise in many industries. Dutton Associates providescontinuing analyst coverage of 110 enrolled companies, and itsresearch, estimates, and ratings are carried in all the majordatabases serving institutions and online investors. £ The current cost of enrollment in our one-year continuing researchprogram is US $35,000 prepaid for 4 Research Reports, typicallypublished quarterly, and requisite Research Notes. Dutton Associatesreceived $72,500 from the Company for 8 Research Reports with coveragecommencing on 6/16/05. The Firm does not accept any equitycompensation. Our principals and analysts are prohibited from owningor trading in securities of covered companies. The views expressed inthis research report accurately reflect the analyst's personal viewsabout the subject securities or issuer. Neither the analyst'scompensation nor the compensation received by us is in any way relatedto the specific ratings or views contained in this research report ornote. Please read full disclosures and analyst background atwww.jmdutton.com before investing. Copyright Business Wire 2007

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