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Enter Symbol:
 
Meru Networks, Inc. (MERU) [hlAlert]

Rating:
Buy MERU
down 33.33 %

Meru Networks, Inc. (MERU) rated Buy by ThinkEquity

Posted on: Friday,  Jul 27, 2012  8:25 AM ET by ThinkEquity

ThinkEquity rated Buy Meru Networks, Inc. (NASDAQ: MERU) on 07/27/2012, when the stock price was $2.43. Since
then, Meru Networks, Inc. has lost 33.33% as of 07/07/2015's recent price of $1.62.
If you would have followed this ThinkEquity's recommendation on MERU, you would have lost 33.33% of your investment in 1075 days.

Meru Networks, Inc., together with its subsidiaries, engages in the development and marketing of a virtualized wireless LAN solution. Its solution enables enterprises to deliver business-critical applications over wireless networks. The company also offers products designed to deliver centralized network management, predictive, and proactive diagnostics, as well as enhanced security. Meru Networks sells its products and services to education, finance, government, healthcare, hospitality, manufacturing, retail, technology, telecom, transportation, and utilities markets primarily through value-added resellers, distributors, and sales force. The company was founded in 2002 and is headquartered in Sunnyvale, California.

Research is at the core of everything we do at ThinkEquity, and we're passionate about it. Employing a disciplined and rigorous process, we scrutinize the spectrum of forces at play in the growth sectors we cover. Starting with a top down analysis, we look closely at the megatrends and industry drivers that create opportunities for innovative companies. We then allocate our resources based on a long-range research roadmap that leads to deep domain expertise and a close working knowledge of the technologies, products, services and people that populate the growth sector landscape. In short, the sum result of the ThinkEquity research process is to identify and affiliate ourselves with the fastest growing private and public companies within our domain verticals.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/27/2012 8:25 AM Buy
None
2.43
as of 12/31/2012
1 Week down  -4.67 %
1 Month up  13.73 %
3 Months down  -22.51 %
1 YTD up  9.05 %

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