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Enter Symbol:
 
Iridium Communications Inc (IRDM) [hlAlert]

Rating:
Outperform
IRDM
up 27.64 %

Iridium Communications Inc (IRDM) rated Outperform by Raymond James

Posted on: Friday,  Nov 1, 2013  9:25 AM ET by Raymond James

Raymond James rated Outperform Iridium Communications Inc (NASDAQ: IRDM) on 11/01/2013, when the stock price was $5.57. Since
then, Iridium Communications Inc has gained 27.65% as of 01/27/2016's recent price of $7.11.
If you would have followed this Raymond James's recommendation on IRDM, you would have gained 27.64% of your investment in 817 days.

Iridium Communications Inc., formerly GHL Acquisition Corp., is a provider of mobile voice and data communications services via satellite, and the provider of mobile satellite communications services offering 100% global coverage. It offers voice and data communications services to the United States and foreign governments, businesses, non-governmental organizations and consumers via its constellation of 66 in-orbit satellites, seven in-orbit spares and related ground infrastructure, including a primary commercial gateway. On September 29, 2009, the Company completed the acquisition of Iridium Holdings LLC.

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
11/1/2013 9:25 AM Buy
None
5.57
as of 12/13/2013
1 Week down  -1.39 %
1 Month up  2.54 %
3 Months up  1.43 %
1 YTD up  1.43 %

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