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Netsuite Inc (N) [hlAlert]

Rating:
Buy N
down 19.98 %

Netsuite Inc (N) rated Buy with price target $135 by Maxim Group

Posted on: Friday,  Jan 31, 2014  9:25 AM ET by Maxim Group

Maxim Group rated Buy Netsuite Inc (NYSE: N) on 01/31/2014. Previously Maxim Group rated Buy Netsuite Inc (NYSE: N) on 01/21/2014.,
when the stock price was $111.82. Since then, Netsuite Inc has lost 19.99% as of 01/19/2016's recent price of $89.47.
If you would have followed the previous Maxim Group's recommendation on N, you would have lost 19.98% of your investment in 728 days.

NetSuite Inc. provides an on-demand, integrated business management application suite that offers Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and e-commerce functionality to medium-sized businesses and divisions of large companies. It also offers customer support and professional services related to its suite. NetSuite delivers its suite over the Internet as a subscription service using the software-as-a-service (SaaS) model. As of December 31, 2008, the Company had approximately 6,600 customers. During the year ended December 31, 2008, the Company?s revenue generated outside of North America was 19%. On June 4, 2008, the Company acquired OpenAir, Inc.(OpenAir) a provider of on-demand professional services automation software.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2014 9:25 AM Buy
None
105.18 135.00
as of 10/17/2014
1 Week up  4.29 %
1 Month up  5.89 %
3 Months up  14.42 %
1 YTD down  -14.27 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2014 9:25 AM Buy
None
111.82 130.00
1/29/2013 9:25 AM Hold
None
69.00 75.00

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