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Avid Technology, Inc. (AVID) [hlAlert]

Rating:
Buy AVID
down 47.00 %

Avid Technology, Inc. (AVID) rated Buy with price target $21 by Sidoti

Posted on: Wednesday,  Jun 17, 2015  10:25 AM ET by Sidoti

Sidoti rated Buy Avid Technology, Inc. (NASDAQ: AVID) on 06/17/2015, when the stock price was $15.51. Since
then, Avid Technology, Inc. has lost 47.00% as of 01/21/2016's recent price of $8.22.
If you would have followed this Sidoti's recommendation on AVID, you would have lost 47% of your investment in 218 days.

Avid Technology, Inc. develops, markets, sells and supports a wide range of software and systems for creating and manipulating digital media content. Digital media are media elements, whether video or audio or graphics, in which the image, sound or picture is recorded and stored asdigital values, as opposed to analog signals. The company's systems are designed to improve the productivity of video and film editors by enabling them to edit moving pictures and sound in a faster, easier, and more cost-effective manner than traditional analog tape-based systems.

Sidoti
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/17/2015 10:25 AM Buy
None
15.51 21.00
as of 8/27/2015
1 Week down  -28.14 %
1 Month down  -45.77 %
3 Months down  -47.00 %
1 YTD down  -47.00 %

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