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up 30.17 %

DATA DOMAIN INC. (DDUP) rated Buy with price target $30 by Needham

Posted on: Friday,  Jul 25, 2008  9:25 AM ET by Needham

Needham rated Buy DATA DOMAIN INC. (NASDAQ: DDUP) on 07/25/2008. Previously Needham rated Buy DATA DOMAIN INC. (NASDAQ: DDUP) on 01/02/2008.,
when the stock price was $25.75. Since then, DATA DOMAIN INC. has gained 30.17% as of 07/23/2009's recent price of $33.52.
If you would have followed the previous Needham's recommendation on DDUP, you would have gained 30.17% of your investment in 568 days.

Data Domain is a leading provider of Enterprise Protection Storage systems for disk backup and network-based disaster recovery. Data Domain's Global Compression, data invulnerability and replication technologies offer data reduction rates that enable new efficiencies in enterprise data protection. Data Domain delivers the performance, reliability and scalability to address the data protection needs of enterprises of all sizes. Data Domain's products and solutions integrate into existing customer infrastructures and are compatible with leading enterprise backup software products.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2008 9:25 AM Buy
23.84 30.00
as of 12/24/2008
1 Week up  11.47 %
1 Month up  28.69 %
3 Months down  -16.64 %
1 YTD down  -15.79 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2008 9:25 AM Buy
22.24 29.00
1/2/2008 10:42 AM Buy
25.75 32.00

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