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Adtran, Inc. (ADTN) [hlAlert]

Rating:
Buy ADTN
down 10.78 %

Adtran, Inc. (ADTN) rated Buy with price target $21 by Stifel

Posted on: Friday,  Jan 8, 2016  8:25 AM ET by Stifel

Stifel rated Buy Adtran, Inc. (NASDAQ: ADTN) on 01/08/2016, when the stock price was $17.52. Since
then, Adtran, Inc. has lost 10.79% as of 01/21/2016's recent price of $15.63.
If you would have followed this Stifel's recommendation on ADTN, you would have lost 10.78% of your investment in 13 days.

Adtran Inc. is a leading global provider of networking & communications equipment, with an eighteen year history of profitability & a portfolio of more than one thousand four hundred solutions for use in the last mile of today's telecommunications networks. Widely deployed by both carriers & small & midsize businesses, Adtran solutions enable voice, data, video, and Internet communications across copper, fiber, & wireless network infrastructures. ADTRAN solutions are currently in use by every major U.S. service provider & many global ones, as well as by thousands of public, private and governmental organizations worldwide. It's product portfolio consists of different high-speed network access devices. In both service provider & enterprise networks, these products are used primarily in the last mile, or local loop, of the network, & in local area networks on the customer premises. The last mile is that segment of the network that connects end-user subscribers to a service provider?s closest facility.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2016 8:25 AM Buy
None
17.52 21.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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