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Enter Symbol:
 
Netsuite Inc (N) [hlAlert]

Rating:
Outperform
N
up 38.13 %

Netsuite Inc (N) upgraded to Outperform with price target $70 by Northland Securities

Posted on: Friday,  Oct 26, 2012  8:25 AM ET by Northland Securities

Northland Securities rated Outperform Netsuite Inc (NYSE: N) on 10/26/2012, when the stock price was $64.77. Since
then, Netsuite Inc has gained 38.13% as of 01/19/2016's recent price of $89.47.
If you would have followed this Northland Securities's recommendation on N, you would have gained 38.13% of your investment in 1180 days.

NetSuite Inc. provides an on-demand, integrated business management application suite that offers Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and e-commerce functionality to medium-sized businesses and divisions of large companies. It also offers customer support and professional services related to its suite. NetSuite delivers its suite over the Internet as a subscription service using the software-as-a-service (SaaS) model. As of December 31, 2008, the Company had approximately 6,600 customers. During the year ended December 31, 2008, the Company?s revenue generated outside of North America was 19%. On June 4, 2008, the Company acquired OpenAir, Inc.(OpenAir) a provider of on-demand professional services automation software.

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
10/26/2012 8:25 AM Buy
None
64.77 70.00
as of 12/31/2012
1 Week up  0.49 %
1 Month up  12.88 %
3 Months up  3.90 %
1 YTD up  3.90 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/29/2012 8:25 AM Hold
None
53.13 53.00

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