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Lifeway Foods, Inc.


Symbol: LWAY
Analyst: Howard Halpern
Taglich Rating: Speculative Buy
Price Target: $15.30
Time Horizon: 12 Months
Rating Established: April 19. 2007
Price When Established: $9.24
Most Recent Report: December 15, 2009
Price When Issued: $11.85

Most Recent Update
Updated Research Report (Dated December, 15 2009)
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Company Description
Lifeway Foods, Inc., (LWAY) based in Morton Grove, Illinois is a manufacturer of cultured, probiotic and functional food products in the health food industry, and is America's leading supplier of the cultured dairy product known as kefir. Their products are sold to health conscious consumers through health food stores and to the mass-market consumers through supermarkets.
Taglich Research Reports
Updated Research Report (Dated December, 15 2009)
Updated Earnings Note (Dated November 17, 2009)
Updated Research Report (Dated September 8, 2009)
Updated Earnings Note (Dated August 17, 2009)
Updated Research Report (Dated May 29, 2009)
Updated Earnings Note (Dated May 20, 2009)
Updated Research Report (Dated April 20, 2009)
Updated Earnings Note (Dated April 6, 2009)
Updated Research Report (Dated December 4, 2008)
Updated Earnings Note (Dated November 14, 2008)
Updated Research Report (Dated September 3, 2008)
Updated Earnings Note (Dated August 15, 2008)
Updated Research Report (Dated May 28, 2008)
Updated Earnings Note (Dated May 19, 2008)
Updated Earnings Note (Dated April 1, 2008)
Updated Earnings Note (Dated April 1, 2008)
Updated Research Note (Dated February 27, 2008)
Updated Research Report (Dated December 10, 2007)
Updated Earnings Note (Dated November 15, 2007)
Updated Research Report (Dated September 5, 2007)
Updated Research Note (Dated July 9, 2007)
Updated Research Report (Dated June 11, 2007)
Updated Research Report (Dated April 19, 2007)
Updated Research Report (Dated December 14, 2006)
Updated Research Report (Dated September 18, 2006)
Updated Research Report (Dated May 25, 2006)
Updated Research Report (Dated April 27, 2006)
Updated Research Report (Dated December 5, 2005)
Updated Research Report (Dated August 29, 2005)
Updated Research Report (Dated July 14, 2005)
Updated Research Report (Dated May 27, 2005)
Updated Research Report (Dated April 20, 2005)
Updated Research Report (Dated December 7, 2004)
Updated Research Report (Dated September 24, 2004)
Updated Research Report (Dated June 8, 2004)
Updated Research Report (Dated April 14, 2004)
Updated Research Report (Dated December 1, 2003)
Updated Research Report (Dated September 12, 2003)
Updated Research Report (Dated June 11, 2003)
Updated Research Report (Dated April 3, 2003)
Updated Research Report (Dated November 25, 2002)
Updated Research Report (Dated August 21, 2002)
Updated Research Report (Dated May 24, 2002)
Updated Research Report (Dated March 12, 2002)
Updated Research Report (Dated November 26, 2001)
Updated Research Report (Dated August 23, 2001)
Updated Research Report (Dated June, 12 2001)
Updated Research Report (Dated April 30, 2001)
Initial Research Report (Dated December 5, 2000)

All Research Reports are in Adobe Acrobat format.
( For the latest Adobe Acrobat reader click here)

The information and statistical data contained herein have been obtained from sources, which we believe to be reliable but in no way are warranted by us as to accuracy or completeness. We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statements are the opinion of Taglich Brothers, Inc. and are not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in the reports are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from the Director of Research. All research issued by Taglich Brothers, Inc. is based on public information. Taglich Brothers, Inc. does not currently have an Investment Banking relationship with the company mentioned and was not a manager or co-manager of any offering for the company within the last three years. Since December 2000, the company pays a monthly monetary fee of $1,500 (USD) to Taglich Brothers, Inc. for the creation and dissemination of research reports. For further information and Taglich Brothers, Inc. ownership data please refer to each individual report.

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