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Dolby Laboratories (DLB) [hlAlert]

Rating:
Buy DLB
down 29.34 %

Dolby Laboratories (DLB) rated Buy with price target $50 by Davenport

Posted on: Friday,  May 23, 2008  8:25 AM ET by Davenport

Davenport rated Buy Dolby Laboratories (NYSE: DLB) on 05/23/2008, when the stock price was $46.00. Since
then, Dolby Laboratories has lost 29.35% as of 01/15/2016's recent price of $32.50.
If you would have followed this Davenport's recommendation on DLB, you would have lost 29.34% of your investment in 2793 days.

Dolby Laboratories develops and delivers products and technologies that make the entertainment experience more realistic and immersive. For nearly four decades, Dolby has been at the forefront of defining high-quality audio and surround sound in cinema, broadcast, home audio systems, cars, DVDs, headphones, games, televisions, and personal computers. Based in San Francisco with headquarters in England, the company has entertainment industry liaison offices in New York and Los Angeles, and licensing liaison offices in London, Shanghai, Beijing, Hong Kong, and Tokyo.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/23/2008 8:25 AM Buy
None
46.00 50.00
as of 12/24/2008
1 Week up  1.07 %
1 Month up  8.64 %
3 Months up  33.95 %
1 YTD down  -19.97 %

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