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Enter Symbol:
 
Adtran, Inc. (ADTN) [hlAlert]

Rating:
Mkt Outperform
ADTN
down 3.81 %

Adtran, Inc. (ADTN) rated Mkt Outperform with price target $30 by Avondale

Posted on: Tuesday,  Jul 8, 2008  12:25 PM ET by Avondale

Avondale rated Mkt Outperform Adtran, Inc. (NASDAQ: ADTN) on 07/08/2008, when the stock price was $25.66. Since
then, Adtran, Inc. has lost 3.82% as of 04/15/2014's recent price of $24.68.
If you would have followed this Avondale's recommendation on ADTN, you would have lost 3.81% of your investment in 2107 days.

Adtran Inc. is a leading global provider of networking & communications equipment, with an eighteen year history of profitability & a portfolio of more than one thousand four hundred solutions for use in the last mile of today's telecommunications networks. Widely deployed by both carriers & small & midsize businesses, Adtran solutions enable voice, data, video, and Internet communications across copper, fiber, & wireless network infrastructures. ADTRAN solutions are currently in use by every major U.S. service provider & many global ones, as well as by thousands of public, private and governmental organizations worldwide. It's product portfolio consists of different high-speed network access devices. In both service provider & enterprise networks, these products are used primarily in the last mile, or local loop, of the network, & in local area networks on the customer premises. The last mile is that segment of the network that connects end-user subscribers to a service provider?s closest facility.

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 Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/8/2008 12:25 PM Buy
None
25.66 30.00
as of 12/24/2008
1 Week up  1.46 %
1 Month up  34.50 %
3 Months up  34.33 %
1 YTD up  43.81 %

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