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Enter Symbol:
 
Acme Packet, Inc. (APKT) [hlAlert]

Rating:
Mkt Perform
APKT
down 41.20 %

Acme Packet, Inc. (APKT) upgraded to Mkt Perform by Raymond James

Posted on: Monday,  Feb 4, 2013  1:25 PM ET by Raymond James

Raymond James rated Mkt Perform Acme Packet, Inc. (NASDAQ: APKT) on 02/04/2013. Previously Raymond James rated Underperform Acme Packet, Inc. (NASDAQ: APKT)
on 08/17/2012., when the stock price was $17.15. Since then, Acme Packet, Inc. has gained 70.09% as of 02/04/2013's recent price of $29.17.
If you would have followed the previous Raymond James's recommendation on APKT, you would have lost 41.2% of your investment in 171 days.

Acme Packet, the leader in session border control solutions, enables service providers to deliver trusted, first class interactive communications voice, video and multimedia sessions across IP network borders. The Companyies Net-Net family has been selected by over three hundred twenty five service providers in nearly seventy countries, including twenty two of the top twenty five wireline and wireless providers in the world, to satisfy critical security, service assurance and regulatory requirements in wireline, cable and wireless networks. These deployments support multiple applications--from VoIP trunking to hosted enterprise and residential services; multiple protocols, and multiple border points interconnect, access network and data center.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2013 1:25 PM Hold
None
29.17
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -31.87 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/17/2012 8:25 AM Sell
None
17.15
7/27/2012 8:25 AM Hold
None
13.94

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