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Hughes Communications Inc (HUGH) [hlAlert]

up 26.34 %

Hughes Communications Inc (HUGH) rated Overweight with price target $70 by Lehman Brothers

Posted on: Friday,  Jun 6, 2008  8:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight Hughes Communications Inc (NASDAQ: HUGH) on 06/06/2008, when the stock price was $48.02. Since
then, Hughes Communications Inc has gained 26.34% as of 06/08/2011's recent price of $60.67.
If you would have followed this Lehman Brothers's recommendation on HUGH, you would have gained 26.34% of your investment in 1097 days.

Hughes Communications, Inc., operates through its wholly owned subsidiary, Hughes Network Systems, LLC (HNS), a telecommunications company. The Company is a provider of broadband satellite network services and systems to the enterprise market. It is also the satellite Internet access provider to North American consumers and small and medium sized businesses, such as small office and home office users. In addition, the Company provides managed services to large enterprises that combine the use of satellite and terrestrial alternatives. The Company operates in four business segments: the North America very small aperture terminal (VSAT) segment, the International VSAT segment, the Telecom Systems segment and the Corporate and other segment. Its subsidiaries include Hughes Systique Corporation, Hughes Network Systems, LLC and SkyTerra Communications, Inc. and Electronic System Products, Inc. (ESP).

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/6/2008 8:25 AM Buy
48.02 70.00
as of 12/24/2008
1 Week up  6.96 %
1 Month up  55.35 %
3 Months up  30.66 %
1 YTD up  16.56 %

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