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Enter Symbol:
 
Emulex Corporation (ELX) [hlAlert]

Rating:
Buy ELX
up 5.82 %

Emulex Corporation (ELX) rated Buy by BofA/Merrill

Posted on: Thursday,  Jan 16, 2014  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Emulex Corporation (NYSE: ELX) on 01/16/2014, when the stock price was $7.55. Since
then, Emulex Corporation has gained 5.83% as of 05/05/2015's recent price of $7.99.
If you would have followed this BofA/Merrill's recommendation on ELX, you would have gained 5.82% of your investment in 474 days.

Emulex Corporation (Emulex) is a provider of a range of storage networking infrastructure solutions that connect servers, storage and networks within the data center. The Company?s product portfolio includes host bus adapters (HBAs), converged network adapters (CNAs), mezzanine cards for blade servers, and embedded storage bridges, routers, switches and input/output controllers (IOCs). The Company?s host server products (HSP) include both fiber channel-based connectivity products and enhanced Ethernet-based products that support Internet protocol (IP) and storage networking, including transmission control protocol (TCP)/IP, Internet small computer system interface (iSCSI), network attached storage (NAS), IOC solutions, and fibre channel over Ethernet (FCoE). The Company?s fibre channel-based products include LightPulse, HBAs, custom form factor solutions for original equipment manufacturer (OEM) blade servers and application specific integrated circuits (ASIC).

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/16/2014 8:25 AM Buy
None
7.55
as of 10/17/2014
1 Week up  17.93 %
1 Month down  -2.59 %
3 Months   
1 YTD down  -30.33 %

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