Advent Software, Inc. (ADVS) rated Mkt Outperform with price target $48 by JMP Securities
JMP Securities rated Mkt Outperform Advent Software, Inc. (NASDAQ: ADVS) on 10/07/2008, when the stock price was $14.87. Since then, Advent Software,
Inc. has gained 47.95% of its value until JMP Securities rated ADVS Mkt Perform on 10/31/2012, when the price was $22.00.
If you would have followed this JMP Securities's recommendation on ADVS, you would have gained 47.94% of your investment in 1485 days.
Advent Software, Inc.
offers software and services that automate work flows and data across investment management organizations, as well as the information flows between an investment management organization and external parties. As of December 31, 2009, its business was organized into two reportable segments: Advent Investment Management and MicroEdge. AIM is its core business, and derives revenues from the development, marketing and sale of software products, data interfaces and related maintenance and services that automate, integrate and support certain mission-critical functions of investment management organizations primarily in the United States, Europe, Middle East and Africa. MicroEdge derives revenues from the sale of software and services for grant management, matching gifts and volunteer tracking for the grantmaking community primarily in the United States and United Kingdom. In October 2009, it completed the sale of its subsidiary, MicroEdge, Inc. to Vista Equity Partners.
MP Securities' equity research department provides institutional clients with comprehensive industry knowledge, unique insight and actionable information. JMP's senior research analysts are charged with developing proprietary investment themes, anticipating secular and cyclical changes and producing action-oriented reports.
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