WFSL Washington Federal, Inc. (MM)

WFSL: Moors & Cabot Initiates Coverage of Washington Federal (WFSL) With a Sell Rating and $24.50 Price Target NEW YORK, Jan. 7 /PRNewswire/ -- WFSL: Moors & Cabot initiates coverage of Washington Federal (NASDAQ:WFSL) with a Sell rating and $24.50 price target. Moors & Cabot is the oldest independent member of the Boston Stock Exchange and one of the nation's oldest independent members of the New York Stock Exchange. In addition to offering its equity and fixed-income research through full-service registered representatives, Moors & Cabot offers investors additional investment tools such as cash management accounts, retirement planning, mutual funds, annuities and professional money management services. With over a century of experience and expertise, Moors & Cabot continues to serve in the tradition of its founding fathers. Our core principles of integrity, honesty, respect and loyalty are as important today as they were more than a hundred years ago. The company's longevity is a tribute to the registered representatives, who know their clients' goals, resources and risk tolerances on an individual basis and to their ability to offer a full range of investment alternatives. Moors & Cabot's financial institution and technology coverage universe reflects the progressive nature of our market economy. Moors & Cabot's technology analysts focus on accelerated growth companies in rapidly growing industries such as medical technology, biotechnology, semiconductors and computer software. Moors & Cabot's financial institution analysts specialize in the bank and thrift sectors. With over a century of experience and expertise, Moors & Cabot continues to serve in the tradition of its founding fathers. Our core principles of integrity, honesty, respect and loyalty are as important today as they were more than a hundred years ago. The company's longevity is a tribute to the registered representatives, who know their clients' goals, resources and risk tolerances on an individual basis and to their ability to offer a full range of investment alternatives. CONTACT: Scott Carmel, +1-646-346-1720, or Boston, +800-426-0201, or New York, +800-566-9239, or Chicago, +800-436-2330, or San Francisco, +800-723-2546, all of Moors & Cabot Moors & Cabot is a member of the National Association of Securities Dealers, CRD number 594. DATASOURCE: Moors & Cabot CONTACT: Scott Carmel, +1-646-346-1720, or Boston, +800-426-0201, or New York, +800-566-9239, or Chicago, +800-436-2330, or San Francisco, +800-723-2546, all of Moors & Cabot Web site: http://www.moorscabot.com/

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