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Enter Symbol:
 
Acme Packet, Inc. (APKT) [hlAlert]

Rating:
Underweight
APKT
down 84.95 %

Acme Packet, Inc. (APKT) rated Underweight by JP Morgan

Posted on: Monday,  Jul 7, 2008  8:25 AM ET by JP Morgan

JP Morgan rated Underweight Acme Packet, Inc. (NASDAQ: APKT) on 07/07/2008, when the stock price was $4.40. Since
then, Acme Packet, Inc. has gained 564.55% as of 03/28/2013's recent price of $29.24.
If you would have followed this JP Morgan's recommendation on APKT, you would have lost 84.95% of your investment in 1725 days.

Acme Packet, the leader in session border control solutions, enables service providers to deliver trusted, first class interactive communications voice, video and multimedia sessions across IP network borders. The Companyies Net-Net family has been selected by over three hundred twenty five service providers in nearly seventy countries, including twenty two of the top twenty five wireline and wireless providers in the world, to satisfy critical security, service assurance and regulatory requirements in wireline, cable and wireless networks. These deployments support multiple applications--from VoIP trunking to hosted enterprise and residential services; multiple protocols, and multiple border points interconnect, access network and data center.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/7/2008 8:25 AM Sell
None
4.40
as of 12/24/2008
1 Week up  0.81 %
1 Month down  -21.53 %
3 Months down  -63.22 %
1 YTD down  -38.40 %

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