Vista Partners Initiates Coverage on Cachet Financial Solutions, Inc. (Ticker: CAFN); $2.50 Price Target
SAN FRANCISCO, CA — (Marketwired) — 08/20/15 — announced today that it has initiated coverage on Cachet Financial Solutions, Inc. (OTCBB: CAFN), a leading provider of cloud-based SaaS (Software as a Service) mobile money technologies to banks, credit unions, and alternative financial services (AFS) providers, with a twelve-month price target of $2.50. Ross Silver, Principal Analyst at Vista Partners, stated, "CAFN offers clients Remote Deposit Capture (RDC) a service that allows a busi