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

Rating:
Underperform
ADTN
up 24.56 %

Adtran, Inc. (ADTN) rated Underperform by Jefferies

Posted on: Friday,  Sep 7, 2012  8:25 AM ET by Jefferies

Jefferies rated Underperform Adtran, Inc. (NASDAQ: ADTN) on 09/07/2012, when the stock price was $19.47. Since
then, Adtran, Inc. has lost 19.72% as of 01/21/2016's recent price of $15.63.
If you would have followed this Jefferies's recommendation on ADTN, you would have gained 24.56% of your investment in 1231 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.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/7/2012 8:25 AM Sell
None
19.47
as of 12/31/2012
1 Week up  0.30 %
1 Month up  0.61 %
3 Months down  -13.07 %
1 YTD down  -0.35 %

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