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Enter Symbol:
 
Adept Technology, Inc. (ADEP) [hlAlert]

Rating:
Buy ADEP
down 20.11 %

Adept Technology, Inc. (ADEP) rated Buy with price target $11 by Canaccord Genuity

Posted on: Thursday,  Nov 20, 2014  8:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Buy Adept Technology, Inc. (NASDAQ: ADEP) on 11/20/2014, when the stock price was $8.50. Since
then, Adept Technology, Inc. has lost 20.12% as of 09/17/2015's recent price of $6.79.
If you would have followed this Canaccord Genuity's recommendation on ADEP, you would have lost 20.11% of your investment in 301 days.

Adept Technology, Inc. (Adept) is a worldwide provider of intelligent robotics systems and services, which helps its customers in assembling, handling, packaging, testing and other automated processes. The Company operates in two segments: Robotics, and Service and Support. The Robotics segment provides intelligent motion controls systems, vision inspection and guidance systems, production automation software and robot mechanisms to customers. The Services and Support segment provides support services to customers, including, spare parts for and/or remanufacture of robot mechanisms, information regarding the use of Adept?s automation equipment, ongoing support for installed systems, consulting services for applications, and training courses ranging from system operation and maintenance to programming, geared towards manufacturing engineers who design and implement automation lines.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2014 8:25 AM Buy
None
8.50 11.00
as of 8/27/2015
1 Week down  -4.23 %
1 Month down  -6.73 %
3 Months up  18.08 %
1 YTD down  -20.11 %

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