Latin Television Inc. (LTVS.OB) Awarded $3.00 Price Target by Beacon Equity Research
Latin Television is building a following of young Hispanic adults in the U.S. by offering a variety of Spanish entertainment programs, movies, sports and news. Through original programming and entertainment targeting the large Hispanic audience, the Company is helping to change the perceptions of Hispanic-Americans concerning Latin television and entertainment. The U.S. Census Bureau estimates that Hispanics will represent about 18% of the United States’ total population by 2020, versus 13% in 2000. This statistic confirms the shift in the ethnic makeup of the US. Furthermore, Hispanics are expected to account for more than $1 trillion in US disposable income…