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Ariba, Inc. (ARBA) [hlAlert]

up 290.92 %

Ariba, Inc. (ARBA) rated Buy with price target $16 by Broadpoint Capital

Posted on: Thursday,  Jul 24, 2008  8:25 AM ET by Broadpoint Capital

Broadpoint Capital rated Buy Ariba, Inc. (NASDAQ: ARBA) on 07/24/2008. Previously Broadpoint Capital rated Buy Ariba, Inc. (NASDAQ: ARBA) on 11/08/2007.,
when the stock price was $11.46. Since then, Ariba, Inc. has gained 290.92% as of 09/28/2012's recent price of $44.80.
If you would have followed the previous Broadpoint Capital's recommendation on ARBA, you would have gained 290.92% of your investment in 1786 days.

Ariba Inc. is a leading provider of intranet- and Internet-based business-to-business electronic commerce solutions for operating resources. Operating resources are the goods and services required to operate a company, such as information technology and telecommunications equipment, professional services, MRO (Maintenance, Repair and Operations) supplies, facilities and office equipment, and expense items.

Broadpoint Capital, Inc. is an investment banking and capital markets firm that provides corporate and public finance services and trading of corporate, government, and municipal securities for institutions. The company has three divisions: Municipal Capital Markets division, which underwrites and trades municipal securities in new issue and secondary markets; Taxable Fixed Income division, which is a dealer focusing on fixed income securities with limited liquidity; and Equity Capital Markets division, which is a sector-focused investment banking group providing research, trading, raising of capital and advisory services for institutional and corporate clients. Broadpoint Capital, formerly known as First Albany Corporation, was founded in 1953 and is based in New York, New York. The company operates as a subsidiary of First Albany Companies Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2008 8:25 AM Buy
14.75 16.00
as of 12/24/2008
1 Week down  -0.32 %
1 Month up  4.77 %
3 Months up  32.90 %
1 YTD up  27.73 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2007 9:25 AM Buy
11.46 15.00

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