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Enter Symbol:
Cornell Corrections, Inc. (CRN) [hlAlert]

Mkt Outperform
up 3.04 %

Cornell Corrections, Inc. (CRN) rated Mkt Outperform with price target $28 by Avondale

Posted on: Friday,  May 23, 2008  12:25 PM ET by Avondale

Avondale rated Mkt Outperform Cornell Corrections, Inc. (NYSE: CRN) on 05/23/2008, when the stock price was $22.03.
Since then, Cornell Corrections, Inc. has gained 3.04% as of 08/12/2010's recent price of $22.70.
If you would have followed this Avondale's recommendation on CRN, you would have gained 3.04% of your investment in 811 days.

Cornell Companies, Inc. (Cornell) provides correction, detention, education, rehabilitation and treatment services for adults and juveniles. The Company?s customers include the Federal Bureau of Prisons (BOP), United States Marshals Service (USMS), various state Departments of Corrections, and city, county and state departments of human services and similar agencies. Cornell offers services in structured and secure environments throughout three operating divisions: Adult Secure Services, Abraxas Youth and Family Services, and Adult Community-Based Services. As of December 31, 2008, it operated 68 facilities among the three divisions, representing a total operating service capacity of 19,875. The Company also had one facility that was vacant, representing additional service capacity of 70. Its facilities are located in 15 states and the District of Columbia.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/23/2008 12:25 PM Buy
22.03 28.00
as of 12/24/2008
1 Week up  0.15 %
1 Month up  15.63 %
3 Months up  33.12 %
1 YTD down  -11.34 %

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