Goldman Research initiates coverage of #LDSR, price target of $0.027
October 23 2018 - 9:39AM
InvestorsHub NewsWire
Goldman Small Cap Research, a stock market research firm
specializing in the small cap and microcap sectors, announced today
that it has released a new research report on emerging
cybersecurity provider LandStar, Inc. (OTC
PINK: LDSR). The report carries a rating and a
price target. To view the report, along with disclosures and
disclaimers, visit http://www.GoldmanResearch.com.
LandStar, Inc., through its wholly owned subsidiary Data443™
Risk Mitigation, Inc., enables secure data - across local devices,
network, cloud, and databases - at rest and in flight. ClassiDocs™,
the company's award-winning data classification and governance
technology. According to a recent report issued by Cybersecurity
Ventures, global spending on cybersecurity products and services is
expected to exceed $1 trillion cumulatively over the next five
years.
In the Opportunity Research report, analyst Rob Goldman
discusses the Company's compelling positioning, exciting
opportunities, and innovative approach.
Goldman noted, "New EU-based GDPR regulations is wreaking havoc
with enterprises forced to comply or be fined. The GDPR requires
companies to provide enhanced protection to customer information
and penalize those that do not comply. Effective GDPR compliance
solutions, a critical target due to new regulations is a mainstay
of the Company. Data443 won three awards as a gold winner at the
2018 Cybersecurity Excellence Awards, including its GDPR
product."
"To take advantage of its highly regarded technology, economies
of scale, and access to capital, the Company is engaged in the
early innings of an aggressive roll-up strategy that could result
in enviable top-line growth in 2019 and 2020. As a result, based on
a peer valuation analysis, the Company's market cap could markedly
increase in value over the next 6-12 months."
https://finance.yahoo.com/news/goldman-small-cap-research-issues-130000485.html …
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