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Enter Symbol:
 
Emulex Corporation (ELX) [hlAlert]

Rating:
Outperform
ELX
up 17.67 %

Emulex Corporation (ELX) rated Outperform with price target $9 by Northland Securities

Posted on: Wednesday,  Jun 27, 2012  8:25 AM ET by Northland Securities

Northland Securities rated Outperform Emulex Corporation (NYSE: ELX) on 06/27/2012, when the stock price was $6.79. Since
then, Emulex Corporation has gained 17.67% as of 05/05/2015's recent price of $7.99.
If you would have followed this Northland Securities's recommendation on ELX, you would have gained 17.67% of your investment in 1042 days.

Emulex Corporation (Emulex) is a provider of a range of storage networking infrastructure solutions that connect servers, storage and networks within the data center. The Company?s product portfolio includes host bus adapters (HBAs), converged network adapters (CNAs), mezzanine cards for blade servers, and embedded storage bridges, routers, switches and input/output controllers (IOCs). The Company?s host server products (HSP) include both fiber channel-based connectivity products and enhanced Ethernet-based products that support Internet protocol (IP) and storage networking, including transmission control protocol (TCP)/IP, Internet small computer system interface (iSCSI), network attached storage (NAS), IOC solutions, and fibre channel over Ethernet (FCoE). The Company?s fibre channel-based products include LightPulse, HBAs, custom form factor solutions for original equipment manufacturer (OEM) blade servers and application specific integrated circuits (ASIC).

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/27/2012 8:25 AM Buy
None
6.79 9.00
as of 12/31/2012
1 Week up  1.38 %
1 Month down  -0.68 %
3 Months up  1.24 %
1 YTD up  7.51 %

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