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NETEZZA CORPORATION (NZ) [hlAlert]

Rating:
Buy NZ
down 33.05 %

NETEZZA CORPORATION (NZ) rated Buy with price target $17 by Needham

Posted on: Friday,  Aug 29, 2008  9:25 AM ET by Needham

Needham rated Buy NETEZZA CORPORATION (AMEX: NZ) on 08/29/2008. Previously Needham rated Buy NETEZZA CORPORATION (AMEX: NZ) on 09/04/2007., when
the stock price was $14.49. Since then, NETEZZA CORPORATION has lost 33.06% as of 11/10/2010's recent price of $9.70.
If you would have followed the previous Needham's recommendation on NZ, you would have lost 33.05% of your investment in 1163 days.

Netezza is the global leader in analytic appliances that dramatically simplify high-performance analytics for business users across the extended enterprise, delivering significant competitive and operational advantage in today's information-intensive marketplaces. The Netezza Performance Server? family of streaming analytic appliances brings appliance simplicity to a broad range of complex data warehouse and analytic challenges. Customers who have realized the benefits of Netezza appliances include Ahold, Amazon.com, CNET Networks, Debenhams, Department of Veterans Affairs, Epsilon, Neiman Marcus, Orange UK, Premier, Inc., Ross Stores, Ryder System, Inc., The Carphone Warehouse and Virgin Media. Based in Framingham, Mass., Netezza has offices in Washington, DC, the United Kingdom and Asia Pacific.

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
8/29/2008 9:25 AM Buy
None
13.80 17.00
as of 12/24/2008
1 Week up  33.00 %
1 Month up  13.83 %
3 Months up  36.17 %
1 YTD up  24.88 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/2/2008 9:25 AM Buy
None
12.99 16.00
2/29/2008 9:25 AM Buy
None
9.90 15.00
11/29/2007 9:25 AM Buy
None
13.48 19.00
9/4/2007 9:25 AM Buy
None
14.49 18.00

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