NEW YORK, May 1, 2002 (PRIMEZONE) -- World Financial Capital Markets, an investment boutique specializing in the underwriting of public and privately held securities, is pleased to announce that it has commenced analytical coverage of Las Vegas, Nevada-based, Station Casinos with a buy rating and an intermediate-term price target of $22.Station Casinos, with shares traded on the New York Stock Exchange under the ticker STN, is a gaming proprietor with several key properties in Las Vegas and has outperformed the entire industry as its stock has more than doubled since last November.
Full details of the analysis are available under the Breaking News section of World Financial's Internet site at www.worldcapmarkets.com.
About World Financial Capital Markets:
World Financial Capital Markets Inc. is a New York-based investment boutique and chartered member of the National Association of Securities Dealers and Securities Investor Protection Corporation. The firm's main goal has been to engage in the business of investment banking, analytical research, underwriting and broaden its horizon from retail brokerage clients towards institutional clientele.
Safe Harbor Statement:
Except for historical information contained herein, are 'forward-looking' statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product volatility, product demand, market competition and risk inherent in the companies operations. Information herein contains or incorporates by reference "forward-looking statements," including certain information with respect to plans and strategies of the featured company.