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Enter Symbol:
 
Emulex Corporation (ELX) [hlAlert]

Rating:
Buy ELX
down 64.00 %

Emulex Corporation (ELX) rated Buy with price target $17 by UBS

Posted on: Friday,  Apr 25, 2008  10:25 AM ET by UBS

UBS rated Buy Emulex Corporation (NYSE: ELX) on 04/25/2008. Previously UBS rated Buy Emulex Corporation (NYSE: ELX) on 07/11/2007., when
the stock price was $22.20. Since then, Emulex Corporation has lost 64.01% as of 05/05/2015's recent price of $7.99.
If you would have followed the previous UBS's recommendation on ELX, you would have lost 64% of your investment in 2855 days.

Emulex Corporation (Emulex) is a provider of a range of storage networking infrastructure solutions that connect servers, storage and networks within the data center. The Company?s product portfolio includes host bus adapters (HBAs), converged network adapters (CNAs), mezzanine cards for blade servers, and embedded storage bridges, routers, switches and input/output controllers (IOCs). The Company?s host server products (HSP) include both fiber channel-based connectivity products and enhanced Ethernet-based products that support Internet protocol (IP) and storage networking, including transmission control protocol (TCP)/IP, Internet small computer system interface (iSCSI), network attached storage (NAS), IOC solutions, and fibre channel over Ethernet (FCoE). The Company?s fibre channel-based products include LightPulse, HBAs, custom form factor solutions for original equipment manufacturer (OEM) blade servers and application specific integrated circuits (ASIC).

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/25/2008 10:25 AM Buy
None
13.29 17.00
as of 12/24/2008
1 Week up  44.60 %
1 Month up  90.92 %
3 Months up  55.03 %
1 YTD down  -34.45 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2007 9:25 AM Buy
None
16.98 24.00
7/11/2007 9:25 AM Buy
None
22.20 28.00

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