Gleacher & Company

Aerospace and Defense

Aerospace and Defense research is available directly via email or at www.multex.com. Please speak to your salesperson to request entitlement. If you are an institutional research user and would like to find out more about our services please call Richard Prati or email us at sales@amtechresearch.com.

Research Focus

Broadpoint AmTech, Inc. employs the following rating system:

Buy: At the time that this rating is instituted, the total return of this stock is anticipated to be + 15% or more over the ensuing 6-12 months.

Neutral: At the time that this rating is instituted, the total return of this stock is anticipated to be flattish, or approximately 0% and within a narrow trading range with no obvious positive or negative catalysts over the ensuing 6-12 months.

Sell: At the time that this rating is instituted, the total return of this stock is anticipated to be - 15% or more over the ensuing 6-12 months.

Price charts with ratings changes and price target changes for companies we have covered for more than year can be found at https://amtech.bluematrix.com/sellside/Disclosures.action

Price Targets: Risks that may impede achieving the stated price target, if any, include but are not limited to, overall broad market and macroeconomic fluctuations and unpredictable changes in the subject company's fundamentals and/or industry trends.

The author(s) of this report (or household member) does not maintain a position in the securities mentioned in this report. The firm has not provided any investment banking services for the companies in this report within the past 12 months. The research analyst and/or research associate have or will receive compensation based on various factors including quality of research, investor client feedback, and the Firm's overall revenues, and does not include compensation on a specific investment banking services transaction.

Any opinion expressed in this report is subject to change and Broadpoint AmTech, Inc. is under no obligation to update or keep current the information contained herein. Broadpoint AmTech, Inc. accepts no liability whatsoever for any loss or damage of any kind arising from use of this report.

Broadpoint AmTech, Inc is a member of the FINRA and a member of SIPC. Broadpoint AmTech, Inc. has prepared this document. Information contained herein has been obtained from sources believed to be reliable, but the accuracy and completeness of the information, and that of the opinions based thereon, are not guaranteed. This report is not an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned or related securities. Broadpoint AmTech, Inc. is a registered broker-dealer. Broadpoint AmTech, Inc., and its entities and persons associated with it, may have long or short positions in or effect transactions in the securities of companies mentioned in this report. Do not change or reproduce any of this report without the express written consent of Broadpoint AmTech, Inc. Additional information is available upon request.