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Enter Symbol:
 
Netsuite Inc (N) [hlAlert]

Rating:
Underperform
N
down 5.18 %

Netsuite Inc (N) rated Underperform by Raymond James

Posted on: Monday,  Sep 7, 2015  8:25 AM ET by Raymond James

Raymond James rated Underperform Netsuite Inc (NYSE: N) on 09/07/2015. Previously Raymond James rated Underperform Netsuite Inc (NYSE: N) on 09/04/2015.,
when the stock price was $84.83. Since then, Netsuite Inc has gained 5.47% as of 01/19/2016's recent price of $89.47.
If you would have followed the previous Raymond James's recommendation on N, you would have lost 5.18% of your investment in 137 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.

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
9/7/2015 8:25 AM Sell
None
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2015 10:25 AM Sell
None
84.83

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