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Enter Symbol:
 
Avid Technology, Inc. (AVID) [hlAlert]

Rating:
Buy AVID
down 66.96 %

Avid Technology, Inc. (AVID) rated Buy with price target $30 by Canaccord Adams

Posted on: Monday,  Sep 8, 2008  11:25 AM ET by Canaccord Adams

Canaccord Adams rated Buy Avid Technology, Inc. (NASDAQ: AVID) on 09/08/2008, when the stock price was $24.88. Since
then, Avid Technology, Inc. has lost 66.96% as of 01/21/2016's recent price of $8.22.
If you would have followed this Canaccord Adams's recommendation on AVID, you would have lost 66.96% of your investment in 2691 days.

Avid Technology, Inc. develops, markets, sells and supports a wide range of software and systems for creating and manipulating digital media content. Digital media are media elements, whether video or audio or graphics, in which the image, sound or picture is recorded and stored asdigital values, as opposed to analog signals. The company's systems are designed to improve the productivity of video and film editors by enabling them to edit moving pictures and sound in a faster, easier, and more cost-effective manner than traditional analog tape-based systems.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/8/2008 11:25 AM Buy
None
24.88 30.00
as of 12/24/2008
1 Week down  -3.81 %
1 Month up  11.13 %
3 Months down  -2.39 %
1 YTD down  -3.02 %

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