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Enter Symbol:
Meru Networks, Inc. (MERU) [hlAlert]

down 67.27 %

Meru Networks, Inc. (MERU) rated Outperform by William Blair

Posted on: Monday,  Mar 11, 2013  8:25 AM ET by William Blair

William Blair rated Outperform Meru Networks, Inc. (NASDAQ: MERU) on 03/11/2013, when the stock price was $4.95. Since
then, Meru Networks, Inc. has lost 67.27% as of 07/07/2015's recent price of $1.62.
If you would have followed this William Blair's recommendation on MERU, you would have lost 67.27% of your investment in 848 days.

Meru Networks, Inc., together with its subsidiaries, engages in the development and marketing of a virtualized wireless LAN solution. Its solution enables enterprises to deliver business-critical applications over wireless networks. The company also offers products designed to deliver centralized network management, predictive, and proactive diagnostics, as well as enhanced security. Meru Networks sells its products and services to education, finance, government, healthcare, hospitality, manufacturing, retail, technology, telecom, transportation, and utilities markets primarily through value-added resellers, distributors, and sales force. The company was founded in 2002 and is headquartered in Sunnyvale, California.

The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/11/2013 8:25 AM Buy
as of 12/13/2013
1 Week up  1.98 %
1 Month up  8.43 %
3 Months down  -1.90 %
1 YTD down  -27.27 %

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