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

Rating:
Underperform
ADTN
up 15.03 %

Adtran, Inc. (ADTN) rated Underperform by BofA/Merrill

Posted on: Friday,  Sep 28, 2012  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Adtran, Inc. (NASDAQ: ADTN) on 09/28/2012, when the stock price was $17.98. Since
then, Adtran, Inc. has lost 13.07% as of 01/21/2016's recent price of $15.63.
If you would have followed this BofA/Merrill's recommendation on ADTN, you would have gained 15.03% of your investment in 1210 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.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/28/2012 8:25 AM Sell
None
17.98
as of 12/31/2012
1 Week up  0.30 %
1 Month up  0.61 %
3 Months down  -8.67 %
1 YTD down  -8.67 %

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