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Enter Symbol:
Adtran, Inc. (ADTN) [hlAlert]

up 36.21 %

Adtran, Inc. (ADTN) downgraded to Underperform by Credit Suisse

Posted on: Thursday,  Aug 23, 2012  8:25 AM ET by Credit Suisse

Credit Suisse rated Underperform Adtran, Inc. (NASDAQ: ADTN) on 08/23/2012, when the stock price was $21.29. Since
then, Adtran, Inc. has lost 26.59% as of 01/21/2016's recent price of $15.63.
If you would have followed this Credit Suisse's recommendation on ADTN, you would have gained 36.21% of your investment in 1246 days.

Adtran Inc. is a leading global provider of networking & communications equipment, with an eighteen year history of profitability & a portfolio of more than one thousand four hundred solutions for use in the last mile of today's telecommunications networks. Widely deployed by both carriers & small & midsize businesses, Adtran solutions enable voice, data, video, and Internet communications across copper, fiber, & wireless network infrastructures. ADTRAN solutions are currently in use by every major U.S. service provider & many global ones, as well as by thousands of public, private and governmental organizations worldwide. It's product portfolio consists of different high-speed network access devices. In both service provider & enterprise networks, these products are used primarily in the last mile, or local loop, of the network, & in local area networks on the customer premises. The last mile is that segment of the network that connects end-user subscribers to a service provider?s closest facility.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/23/2012 8:25 AM Sell
as of 12/31/2012
1 Week up  0.30 %
1 Month up  0.61 %
3 Months down  -13.07 %
1 YTD up  8.21 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2009 11:25 AM Hold
25.06 23.00
7/16/2009 8:25 AM Hold
7/16/2008 8:25 AM Sell

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