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Cbeyond, Inc. (CBEY) [hlAlert]

Rating:
Buy CBEY
down 67.85 %

Cbeyond, Inc. (CBEY) rated Buy with price target $26 by Needham & Co

Posted on: Friday,  Feb 22, 2008  9:25 AM ET by Needham

Needham rated Buy Cbeyond, Inc. (NASDAQ: CBEY) on 02/22/2008. Previously Needham rated Buy Cbeyond, Inc. (NASDAQ: CBEY) on 01/16/2008., when
the stock price was $31.08. Since then, Cbeyond, Inc. has lost 67.86% as of 07/18/2014's recent price of $9.99.
If you would have followed the previous Needham's recommendation on CBEY, you would have lost 67.85% of your investment in 2375 days.

Cbeyond is an Atlanta-based managed services provider in the emerging local voice and broadband services market and manages voice over Internet Protocol, facilities-based, private, local phone network. Cbeyond delivers an integrated package of high quality local and long distance telephony services, high-speed Internet access and Internet-based applications, including voicemail, email, Web hosting, data backup, file-sharing, VPN and more to a target market of small business customers in selected large metropolitan areas.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/22/2008 9:25 AM Buy
None
18.76 26.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD up  44.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/16/2008 8:25 AM Buy
None
31.08 43.00
11/28/2007 9:25 AM Hold
None
37.37

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