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Enter Symbol:
 
BroadSoft Inc (BSFT) [hlAlert]

Rating:
Buy BSFT
down 28.82 %

BroadSoft Inc (BSFT) rated Buy with price target $50 by Auriga

Posted on: Tuesday,  May 1, 2012  11:25 AM ET by Auriga

Auriga rated Buy BroadSoft Inc (NASDAQ: BSFT) on 05/01/2012, when the stock price was $44.20. Since
then, BroadSoft Inc has lost 28.82% as of 12/29/2015's recent price of $31.46.
If you would have followed this Auriga's recommendation on BSFT, you would have lost 28.82% of your investment in 1337 days.

BroadSoft, Inc. is a global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their Internet protocol-based (IP-based), networks. The Company?s software, BroadWorks, enables its service provider customers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications, such as hosted IP private branch exchanges (PBXs), video calling, unified communications (UC), collaboration and converged mobile and fixed-line services. BroadWorks performs a critical network function by serving as the software element that delivers and coordinates voice, video and messaging communications through a service provider?s IP-based network. On October 27, 2010, the Company acquired all of the assets of Casabi, Inc. (Casabi). In October 2011, the Company acquired iLinc Communications, Inc.

Auriga operates full-service institutional equity and fixed income trading desks with state-of-the-art communications technology and trading systems. Through our U.S. corprate parent, Auriga Holdings, LLC we offer a variety of services including whole loan trading and asset management. Through our Spanish parent company, Auriga Securities Sociedad de Valores, S.A., we offer the ability to trade European equity and fixed income products. We connect electronically to buy-side firms; route orders to multiple points of execution and subsequently route to our clearing firm, Pershing, for settlement.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2012 11:25 AM Buy
None
44.20 50.00
as of 12/31/2012
1 Week up  5.91 %
1 Month up  14.85 %
3 Months down  -11.43 %
1 YTD down  -17.80 %

(*) Stock Price at the time of the recommendation.
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