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Enter Symbol:
 
Rackable Systems, Inc. (RACK) [hlAlert]

Rating:
Hold RACK

Rackable Systems, Inc. (RACK) downgraded to Hold with price target $8.37 by Canaccord Adams

Posted on: Friday,  Jan 11, 2008  11:25 AM ET by Canaccord Adams

Rackable Systems (RACK) rated
Hold with price target $8.37 by Canaccord Adams.

Rackable Systems, Inc. is a leading provider of server and storage products for large, scale-out data center deployments. Innovative designs, patented technology and commitment to customer service have enabled them to successfully address the needs of many of the world's most complex data centers.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/7/2009 11:25 AM Buy
None
4.90 9.43
as of 12/24/2008
1 Week down  -7.48 %
1 Month up  16.87 %
3 Months up  12.83 %
1 YTD up  15.98 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/21/2008 11:25 AM Buy
None
10.46 12.20
1/11/2008 11:25 AM Hold
None
8.62 8.37

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