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Netsuite Inc (N) [hlAlert]

Rating:
Buy N
down 3.62 %

Netsuite Inc (N) rated Buy with price target $95 by MKM Partners

Posted on: Tuesday,  Jan 19, 2016  11:25 AM ET by MKM Partners

MKM Partners rated Buy Netsuite Inc (NYSE: N) on 01/19/2016. Previously MKM Partners rated Buy Netsuite Inc (NYSE: N) on 10/09/2014.,
when the stock price was $92.84. Since then, Netsuite Inc has lost 3.63% as of 01/19/2016's recent price of $89.47.
If you would have followed the previous MKM Partners's recommendation on N, you would have lost 3.62% of your investment in 467 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.

MKM Partners LLC is an institutional equity trading and research firm. MKM Partners has extensive experience in the agency execution of U.S. and international equity orders. We provide clients with timely and unbiased economic, technical, and fundamental research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/19/2016 11:25 AM Buy
None
70.51 95.00
as of 8/27/2015
1 Week down  -4.22 %
1 Month down  -7.58 %
3 Months down  -7.56 %
1 YTD down  -13.40 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/24/2014 11:25 AM Buy
None
103.32 115.00
10/9/2014 11:25 AM Buy
None
92.84 105.00

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