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Synchronoss Technologies, Inc. (SNCR) [hlAlert]

up 76.32 %

Synchronoss Technologies, Inc. (SNCR) rated Outperform by Wells Fargo

Posted on: Thursday,  Jan 10, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Synchronoss Technologies, Inc. (NASDAQ: SNCR) on 01/10/2013, when the stock price was $23.02. Since
then, Synchronoss Technologies, Inc. has gained 76.32% as of 01/21/2016's recent price of $40.59.
If you would have followed this Wells Fargo's recommendation on SNCR, you would have gained 76.32% of your investment in 1106 days.

Synchronoss Technologies, Inc. (Synchronoss) is a provider of on-demand transaction management platforms that enable communications service providers (CSPs), equipment manufacturers with embedded connectivity (handsets, mobile Internet devices, laptops and cameras) and other customers to automate subscriber activation, order management and service provisioning from any channel (e-commerce, telesales, customer stores and other retail outlets) to any communication service across any device type. Its ConvergenceNow platforms (including ConvergenceNow Plus+ and InterconnectNow) provide seamless integration between customer-facing channels/applications, communication services, devices and back-office infrastructure-related systems and processes. Synchronoss?s platforms manage transactions relating to a range of existing communications and digital content services across the different segments of its customers. In September 2008, the Company acquired Wisor Telecom Corporation.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/10/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -4.42 %
1 Month down  -10.09 %
3 Months down  -18.89 %
1 YTD up  29.58 %

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